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Database Provider

Author

Grist

Grades

6th, 7th, 8th, 9th, 10th, 11th, 12th

Subjects

Science, Social Studies, Economics, Civics, Computer Science and Design Thinking

Regional Focus

Global, North America, United States, USA - Northeast

Format

YouTube Video

The Truth about Bitcoin's Energy Use

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Synopsis
  • This video from Grist explains bitcoin, blockchains, and the energy use involved in cryptocurrency transactions. 
  • Students will learn how decentralized transactions work, how bitcoins get mined, the electricity used in these processes, possible solutions, and the counterarguments bitcoin supporters might have. 
Teaching Tips

Positives

  • It uses visuals and simple vocabulary to explain what might otherwise be a confusing subject matter.
  • It demonstrates a conversation for and against bitcoin's energy consumption using different perspectives and counterarguments.

Additional Prerequisites

  • Students should have a basic understanding of supply and demand.
  • Students should understand why diverging from fossil fuel energy consumption is more sustainable.
  • There is a pop-up ad during the video.

Differentiation

Scientist Notes
Cryptocurrency generation requires an extreme amount of electricity. While some estimates claim that nearly 40% of that energy comes from renewable sources, the majority is still generated with fossil fuels. This resource offers an explanation and their sources for easy access. This resource is recommended for teaching.
Standards

This resource addresses the listed standards. To fully meet standards, search for more related resources.

  • Social Studies
    • Active Citizenship in the 21st Century - Civics, Government, and Human Rights
      • 6.3.8.CivicsPI.4: Investigate the roles of political, civil, and economic organizations in shaping people’s lives and share this information with individuals who might benefit from this information.
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