There are a total of 18.4 million ether coins in circulation as of July 2018. This number was determined by the Ethereum Foundation, which is responsible for the overall development of the Ethereum network. The number of ether coins in circulation is constantly changing, as new ether coins are created through mining and others are […]
How Does Crypto Mining Use Fossil Fuels
Cryptocurrency mining is a process by which new bitcoins are created and transactions are verified and added to the blockchain. Miners are rewarded with bitcoins for verifying and committing transactions to the blockchain. Cryptocurrency mining requires a great deal of computational power, and miners have turned to using fossil fuels to power their operations. Bitcoin […]
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