Bitcoin mining poses threat to Paris climate-change accord, study finds

The process of “mining” cryptocurrencies is so energy intensive that it poses a threat to the global agreement to mitigate greenhouse gas emissions.

In a study published in Energy Research & Social Science, John Truby, associate professor of law and director of the Center for Law & Development at Qatar University, said the Paris Agreement is under threat due to the growing energy consumption of mining cryptocurrencies.

“Despite digital currencies providing considerable potential transactional, security, and financial access benefits, the design of bitcoin’s mining and trading system requires such a…