Stranded no more? Bitcoin miners could help solve Big Oil’s gas problem -Breaking
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It is estimated that () has a negative impact on the environment and energy consumption.BTC() Mining have been opposed and are under scrutiny by international financial institutions. International Monetary Fund These are some of the points how Bitcoin mining consumes “vast amounts of computing power and electricity.”
As a proof of work (PoW), Bitcoin mining can consume a lot of energy. This involves providing cryptographic proof that the network has used a certain amount. This information is saved in blocks that can be accepted by others.
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