Could Bitcoin mining hinder China’s carbon neutrality goal?
Shan Jie, Li Qiao and Lu Yameng Published: Apr 18, 2021 07:35 PM The global hysteria over Bitcoin has caused concern about the connections between mining cryptocurrency and climate change. As China has become a leading miner in the world, recent research by Chinese scientists was published to remind the cost of mining Bitcoin on China s carbon reduction efforts, while some local governments have acted to tackle the mines in order to reduce the use of power in this fledgling industry.
Bitcoin mining has exploded as the value of the virtual coins has surpassed $60,000 as of press time, and some optimistic investors are expecting it to surpass $100,000 soon.
Rashed Ali Almansoori
He is the brain behind a revolutionary smart tech piece called Utag, which is doing great in the times of Covid for helping people communicate remotely. UNITED STATES, April 18, 2021 /EINPresswire.com/ A quick look around us will let us how things have been changing faster and for the better for the world. Looking at these constant changes and developments, we often wonder what could be the things that might have helped these industries reach to such massive levels of success. Major thanks must go to the young talents across industries that have been on a roll with their astute business acumen and passion, working relentlessly to achieve their desired success to make a profound impact on people with their innovations. Innovating his way to the top in the tech field is one such youngster from Abu Dhabi named Rashed Ali Almansoori.