According to ChainCatcher, according to China Business News, the United Nations Conference on Trade and Development (UNCTAD) recently released the latest "Digital Economy Report 2024" (hereinafter referred to as the "Report").

The report stated that although digitalization has driven global economic growth and provided unique opportunities for developing countries, its impact on the environment is also becoming increasingly serious. The report shows that new technologies such as blockchain, artificial intelligence, 5G and the Internet of Things have a growing demand for data transmission, processing and storage, which has also increased greenhouse gas emissions. Global energy consumption generated by Bitcoin "mining" has increased by about 34 times between 2015 and 2023.