Wednesday, October 5, 2022

Tag Archives: Climate Change

Mining Bitcoin With Natural Gas For A Clean Crypto Future | Business of Climate Change | Forbes

Cryptocurrency and the blockchain technology that underlies it is responsible for creating assets worth billions of dollars, but the digital “mining” of Bitcoin and other cryptocurrencies is an energy intensive process requiring thousands of computers.  But the energy geared towards mining cryptocurrency doesn’t necessarily have to harm the environment. Some cryptocurrencies are moving towards forms of mining that are less energy-intensive. Others have protocols that require the use of renewable energy.  Miners producing Bitcoin and similar cryptocurrencies […]

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The True Cost of Cryptocurrency

What’s the true cost of cryptocurrency and bitcoin? Support this channel directly by becoming a Patreon backer: In this Our Changing Climate climate change video essay, I look at the true cost of cryptocurrency and Bitcoin. Specifically, I look at how Bitcoin and other cryptocurrencies are built to fail, not necessarily in the monetary sense, but in terms of the impact Bitcoin and Cryptocurrencies have on the environment. Cryptocurrency and Bitcoin are not viable solutions to the […]

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