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Shifts in Bitcoin prices lead to shifts in carbon emissions – "A $1 increase in Bitcoin price leads to $3.11–$6.79 in external damages from carbon emissions alone, well exceeding cryptomining’s value added (using a $190 social cost of carbon, but ignoring increased local air pollution)." (reddit)
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smurfyjenkins
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on Fri, 27 Oct 2023 16:52:05 GMT.
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