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 mining is the process of adding transaction records to Bitcoin’s public ledger of past transactions or blockchain. This ledger of past transactions is called the block chain as it […]
Why Does Bitcoin Hurt The Environment
Bitcoin mining is a process that helps manage the Bitcoin network and secure its transactions. Miners are rewarded with transaction fees and new bitcoins for their work. However, Bitcoin mining can be a costly process, both in terms of the hardware needed and the amount of electricity consumed. Bitcoin mining is a particularly energy-intensive process. […]
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