Mining bitcoin and other cryptocurrencies requires a huge amount of energy. The majority of this energy comes from fossil fuels, raising concerns about the environmental impact of bitcoin mining. Bitcoin miners use special software to solve mathematical problems and are rewarded with bitcoin for their work. This process requires a lot of energy, and the […]
What Happens When Bitcoin Hits Max Supply
In less than a century, the world will reach a major turning point: the maximum number of bitcoins that can be created. Bitcoin is a cryptocurrency and a payment system, first proposed by an anonymous person or group of people under the name Satoshi Nakamoto in 2008. Bitcoin is unique in that there are a […]
Read Time:
24 Min
0
0