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Taken as a share of the market price, the climate change impacts of mining the digital cryptocurrency Bitcoin is more comparable to the impacts of extracting and refining crude oil than mining gold, according to an analysis published in Scientific Reports by researchers at The University of New Mexico. The authors suggest that rather than being considered akin to ‘digital gold’, Bitcoin should instead be compared to much more energy-intensive products such as beef, natural gas, and crude oil.

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This is an entry in our long running series, “Accessing Data 3.0”, where we talk about the “whats” and the “hows” of working with data in web3. Enjoy!

Let’s start by first defining the word Democracy; It is described as a form of government where the entire populace or all eligible state residents are represented, usually by elected officials. When…