Cryptocurrencies like Bitcoin are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Bitcoin was the first and is the most well-known cryptocurrency, but there are now thousands of them. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. This […]
How Bad Is Bitcoin For The Environment
Bitcoin is often hailed as a revolutionary new way to transact and store value. But what is less often talked about is the environmental cost of Bitcoin. Bitcoin mining is a process that requires a lot of energy. In order to mine Bitcoin, miners must solve complex mathematical problems. This requires a lot of computational […]
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