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Bitcoin’s appetite for energy needs little discussion. For years it’s been a top-of-mind topic for regulators, a major concern among critics, and a frequently misreported feature of the protocol. The specific point of contention lies with bitcoin mining — a resource-intensive, cryptography-based competition that repeats…
The post Busting Crypto Myths: “Bitcoin is Destroying the Environment” appeared first on Kraken Blog.
Bitcoin’s appetite for energy needs little discussion. For years it’s been a top-of-mind topic for regulators, a major concern among critics, and a frequently misreported feature of the protocol. The specific point of contention lies with bitcoin mining — a resource-intensive, cryptography-based competition that repeats…
The post Busting Crypto Myths: “Bitcoin is Destroying the Environment” appeared first on Kraken Blog.
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