Bitcoin is created through a process called “mining”. Miners are rewarded with Bitcoin for verifying and committing transactions to the blockchain. However, this process requires a lot of energy. Bitcoin mining currently consumes more energy than 159 countries. The amount of energy used to mine Bitcoin this year is estimated to be equal to the […]
How Does Bitcoin Mining Use Coal
Bitcoin is a digital currency that was created in 2009. It is a decentralized currency, meaning that it is not controlled by any government or financial institution. Bitcoin is created through a process called mining. In order to mine bitcoin, you need to use special software to solve math problems. When you solve a problem, […]
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