(BTCIt is the first cryptocurrency to have ever been created and continues to be the driving force behind market sentiments. However, it has encountered many difficulties along the way. This latest issue seems to revolve around the mining consensus. proof-of-work(PoW), and the subsequent impact on environment.

Bitcoin network’s high energy consumption was one of the hottest topics last year, with the likes of Elon MuskBTC’s current state is fueling the belief that it is bad for our environment. Luckily enough, the mining companies for some time have been exploring the use of renewable energy, and the latest reports suggest that 58% of the BTC network’s energy comes from renewable sources.