Tag: Energy consumption in cryptocurrency mining

cryptocurrencies-use-massive-amounts-of-power-but-eco-friendly-alternatives-come-with-their-own-risks

Cryptocurrencies use massive amounts of power – but eco-friendly alternatives come with their own risks

Cryptocurrencies are facing increasing scrutiny due to their significant energy consumption and environmental impact amidst growing concerns about climate change. The global cryptocurrency market is projected to reach $4.94 billion by 2030, but the process of mining digital currencies...
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