Are all bitcoin investors all aware of the enormous amounts of electricity used by the bitcoin peer-to-peer mining process?
Digiconomist.net currently estimates that EACH transaction consumes 829 kWh and is responsible for the emission of 406 kg of CO2. These figures will increase as time goes on.
For those of us trying to do our bit to compromise our energy consumption in the face of the climate crisis, this is painful indeed. The suffering to people and wildlife caused by the rapidly increasing severe weather around the world, almost certainly caused by man-made carbon emissions, should be focussing minds to find alternative ways of investing.