Bitcoinist
2021-08-17 16:44:43

Blockchain and the Environment: Can They Live in Harmony?

It is a widely acknowledged fact that many blockchains require large amounts of electricity to operate securely. This downside is primarily associated with blockchains that use the proof-of-work (PoW) consensus mechanism — since they require large networks of power-hungry cryptocurrency mining rigs to work together to ward off attacks. According to current estimates, the Bitcoin […]

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