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Phantom Puppeteer's avatar

what a great article :)

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Danny Jetski's avatar

The mining of digital money is often accused of harming nature. However, the situation is changing right now.

Mining requires a lot of electricity. The average electricity consumption of the bitcoin network can match the needs of entire countries. Experts find it difficult to accurately assess the carbon footprint of bitcoin mining, but they agree on one thing: cryptocurrency causes serious damage to the environment.

At the moment, the only way to reduce environmental damage from cryptocurrency mining is to use alternative electricity:

wind energy (wind turbines);

geothermal energy;

solar energy (solar panels);

hydropower (hydroelectric power plants).Migration of miners to countries that are not rich but convenient for the production of cryptocurrencies can have a positive effect on the economy.

As for ecology, practice has shown that there is every opportunity to make the mining of cryptocurrency completely environmentally friendly in the near future.

Thanks for an article.

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