Investor and “Shark Tank” star Kevin O’Leary said in a CNBC comment, via CNBC, that he would buy only environmentally clean digital gold.
According to him, within a year or two the crypto community will split Bitcoin into two types:
- “clean” — mined using renewable energy;
- “dirty” or “bloody” — mined using “dirty energy”.
O’Leary added that environmental concerns are taking centre stage with regard to digital gold. He did not specify where he buys the “clean” Bitcoin.
“I don’t buy coins if I don’t know where and when they were mined. Not from China. No ‘bloody’ coins,” the investor said.
According to the Bitcoin Energy Consumption Index by Digiconomist, on 4 April the gauge hit an all-time high: annual consumption reached 93.8 TWh.
According to analysts, cryptocurrency mining annually emits about 60 million tonnes of carbon dioxide, and every $1 billion of Bitcoin purchases is equivalent to the annual emissions of 1.2 million cars.
Earlier in Miami, Mayor Francis Suarez spoke of plans to create in the city Bitcoin mining centre. He said 90% of miners mine the leading cryptocurrency using “dirty energy” outside the United States.
Earlier in March, O’Leary said he planned to invest 3% of his assets in the leading cryptocurrency. He added that he was considering investments in miners and the development of “decarbonised coins”.
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