Today news
About the same in other media
Platform releases project token to help supply renewable energy power to households and cryptocurrency miners
Reading now: 130
As the prices of Bitcoin (BTC) have risen this year, so have the concerns about the energy consumption of cryptocurrency mining. Due to the Proof of Work (PoW) protocol for mining, some estimates suggest that the Bitcoin network uses almost as much energy as Argentina. Therefore, many skeptics are quick to blame the digital currency for carbon emissions and climate change. As a result, although some cryptocurrencies don’t use mining at all, the industry as a whole is often quick to receive blame for its environmental impact.
Some suggest that up to 70% of this energy should come from renewable energy to help reduce the environmental impact. Rather than being burned once, renewable energy can be generated from sunlight, plant growth or other
Read more on cointelegraph.comAbout this in other media
Crypto payments platform introduces a solution to scalability concerns with the help from co-inventor of blockchain cointelegraph.com /2 years ago
Cardano’s Project Catalyst allocates funds to dcSpark for improving ecosystem ambcrypto.com /2 years ago
What happened to the $60 million raised by this dog-themed DeFi project ambcrypto.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
