EclipseRider
Thu Aug 29 2024
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5 answers
1038
Is bitcoin wasting electricity?
Could you elaborate on the notion that Bitcoin is wasting electricity? Are there specific concerns regarding the energy consumption of Bitcoin mining, or is this a broader criticism of the cryptocurrency industry as a whole? How does the energy usage of Bitcoin compare to other industries or technologies? Additionally, are there any efforts being made to reduce the environmental impact of Bitcoin mining, and what are the potential benefits and drawbacks of these initiatives?
