Does Bitcoin Mining Have a Disastrous Impact on the Environment?
Cryptocurrency now utilizes as much electricity as Argentina but analysts assert technology will soon be mainly powered by renewable energy. Bitcoin has risen from a fringe technology well known with cryptographers in little over a decade, to the ninth most valuable asset in the world by market cap. (Photo : Getty Images) Energy Demands of Bitcoin The dramatic ascent of cryptocurrency has made millionaires, reinterpret money, and launched an industry worth multi-billion dollars inspired by its revolutionary decentralised technology. But it has also brought some undesired side effect with it. ...