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Proof-of-work blockchains such as Bitcoin, Ethereum, Litecoin, and also Monero were estimated to have added 3 to 15 million tonnes of co2 discharges to the ambience in the period from 1 January 2016 to 30 June 2017. By November 2018, Bitcoin was approximated to have an annual power usage of 45.8 TWh, creating 22.0 to 22.9 million tonnes of carbon dioxide, matching nations like Jordan as well as Sri Lanka. BNY Mellon on 11 February 2021 introduced that it would start supplying cryptocurrency services to its clients.

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