Thursday, March 28, 2024

Tag Archives: cofounder

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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