Cryptocurrencies work by validating their transactions through huge numbers of “miners”, who use their computers to solve extremely complex maths problems in exchange for the chance of getting tokens as a reward, in a highly energy-intensive process.
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Crypto crash unlikely to reduce its climate impact, expert saysEnormous energy consumption has barely reduced despite $1tn being wiped off the sector GTCost Lectric Clothes dryers use 1000 times more energy without the humanitarian benefits of banking the unbanked. Jesus Wept indeed🤦♂️🤡 🌍 welcome to another enstallment of Clown World.
Source: The Guardian - 🏆 84. / 53 Read more »
Crypto crash unlikely to reduce its climate impact, expert saysEnormous energy consumption has barely reduced despite $1tn being wiped off the sector F*ck Bitcoin, seriously. It needs to go away completely
Source: Guardian news - 🏆 28. / 68 Read more »