Headlines such as “Bitcoin (BTC) uses as much electricity as a whole country” are common nowadays. The cryptocurrency is secured with so-called miners that solve complex mathematical problems. In return, miners receive bitcoins, and the world gets a fully...
The debate surrounding the energy consumption of bitcoin (BTC) mining has existed for a long time. The news about Tesla not accepting bitcoin anymore and China banning bitcoin mining caused this debate to become more serious. The big question in this whole discussion;...
China has tightened its already strict bitcoin (BTC) regulations. Over the past couple of weeks, the country that makes up more than half of the Bitcoin computing power has cracked down on miners due to environmental concerns. While Chinese provinces are somewhat free...