Dec. 6, 2023 8:00 am ET

A water hog is lurking in your crypto wallet.  

Bitcoin-mining operations slurp up billions of gallons of water globally each year Estimates vary, but the annual footprint is projected to surpass 591 billion gallons of water this year, according to an article published last week in the peer-reviewed journal Cell Reports Sustainability

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8