How Cryptocurrency Mining Could Go Green (VIDEO)
June 1, 2021 Most cryptocurrencies need energy-intensive computers to keep the market moving. A new verification model could remove the need for those machines. SHOW TRANSCRIPT It’s no secret that cryptocurrencies are notoriously bad for the climate. Right now, Bitcoin uses as much energy as Pakistan and has a carbon footprint comparable to Libya. Ethereum, another popular cryptocurrency, uses the same amount of electricity as Singapore. But there is a solution on the horizon. Experts think that a switch from the proof-of-work system to a proof-of-stake system could drastically reduc...