Subscribe now

Technology

Bitcoin creator Satoshi Nakamoto dismissed early climate concerns

Newly released emails have revealed that the pseudonymous creator of bitcoin was aware of concerns over the potential energy use and carbon emissions of the cryptocurrency, but felt there was no alternative

By Matthew Sparkes

23 February 2024

Bitcoin was created by Satoshi Nakamoto

Damien Loverso/Alamy

Bitcoin’s mysterious creator, Satoshi Nakamoto, dismissed early concerns about the potential for the cryptocurrency to consume large amounts of electricity and contribute to carbon dioxide emissions, according to newly released emails.

The true identity of the creator of bitcoin has never been revealed, but after the currency’s launch in January 2009, Nakamoto – a pseudonym – was active in online forums and email until late 2010, when they removed themselves from the project and dropped out of communication.

Sign up to our weekly newsletter

Receive a weekly dose of discovery in your inbox! We'll also keep you up to date with New Scientist events and special offers.

Sign up

To continue reading, subscribe today with our introductory offers

View introductory offers

No commitment, cancel anytime*

Offer ends 2nd of July 2024.

*Cancel anytime within 14 days of payment to receive a refund on unserved issues.

Inclusive of applicable taxes (VAT)

or

Existing subscribers

Sign in to your account