How Has Crypto Impacted Climate Change and the Environment?

The cryptocurrency revolution has provided the world with a wealth of new technological breakthroughs, innovative finance options, and much more. Yet there is an environmental component that comes alongside the economic genius that is cryptocurrency that investors and owners should take into consideration when utilizing the crypto marketplace for their financial planning.

Crypto as a Financial Tool


Cryptocurrency offers users a decentralized financial instrument with which great new leverage can be applied in favor of the consumer over the juggernaut of the industrial banking sector. Bankers and banks have owned the transactional relationship of money for as long as humans have been trading for goods and services with a commodified token—be that gold pieces or a paper-cloth blend formed into banknotes.

Cryptocurrency provides active traders with the ability to really supercharge their wallets. The crypto exchanges operate without any off period, and so real-time events play a significant role in the continuous rumble of price action that happens throughout the day. Cryptocurrency traders are able to take in a variety of data points in order to make the most of their trading strategy, and with a flat fee structure that comes along with most exchanges (Coinbase, Kraken, Gemini, Binance, etc.), traders can maximize their returns in order to turn around and enjoy a thriving wallet full of payment method choices from fiat currencies to Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), to name just a few.

Of course, selecting the right crypto exchange for your needs is important. Cryptocurrency traders must make the important Coinbase Pro vs Coinbase decision when signing up for Coinbase (the most popular trading platform in the arena), and a similar decision with many other crypto platforms as well. Coinbase offers a unique learning space for traders who are new to the commodity, but the Coinbase Pro offerings go above and beyond for those who are well versed in the continued momentum of the cryptocurrency marketplace. Making this decision with all the facts under your belt will carry your trading strategy for many years to come.

Environmentalism and Cryptocurrency


While placing a limit order or logging in to your cryptocurrency exchange’s mobile app may be easy, there are some additional considerations to take into account when approaching the cryptocurrency space. From clean air technology to the toxic effects of coal and other fossil fuels, it’s essential to understand where the use and validation techniques of crypto blockchain records stand.

The truth is that cryptocurrency is an energy-intensive commodity. Traders might place a limit order or market sale, yet the actual process that allows this action to be carried out requires intense computational labor—and the power drain that accompanies significant work done by a server, desktop PC, or mining farm. The same features that make cryptocurrency so secure also contribute to the energy-intensive nature of even the simplest transaction. This means that keeping the balance between social momentum and the cutting-edge financial future of currency is something that traders must prioritize.

Sustainable and intelligent crypto usage hinges on coins and tokens utilizing clean energy or efficient validation processes, and coin creators are becoming more and more aware of this squeeze. One thing that traders can do as a result is maintain a highly mobile research regimen in order to identify coins that are making this shift and existing at the forefront of an already cutting-edge commodity.

Cryptocurrency and energy consumption, environmental sustainability, and climate change are intertwined in ways that are hard to immediately grapple with, but the crypto market isn’t going away anytime soon. Neither is the threat of climate trauma, so finding a balance is a must for the industry and individual traders alike.

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