Researchers explained that Bitcoin mining poses a threat to the path to "zero emissions." By
Scientists noted that earlier cryptocurrency could beit was possible to mine even on an inexpensive computer. However, the more cryptocurrency is mined, the more complex the algorithms that need to be solved by the devices become. This means that mining requires a lot of power.
"The amount of electricity that is nowused for bitcoin mining, is already more than the volume that is used by entire countries - for example, Ireland. We are talking about a few terawatts, tens of terawatts per year, which are used only for bitcoin mining, ”said Benjamin Jones, professor of economics at the University of New Mexico.
Digital ruble: why is it needed and what are the differences from non-cash and cryptocurrency?
Eco activists have already pointed out that betweencryptocurrency mining and environmental impact, a compromise must be found. At the same time, the creators of the Etherium cryptocurrency, the second most popular cryptocurrency, promised to change the algorithm of the digital currency to make it more environmentally friendly.
“Cryptocurrency mining can be a huge wasteresources, not to mention environmental pollution and carbon dioxide emissions. There are already consumers who do not have enough electricity; it is spent on the production of cryptocurrency,” noted Etherium.
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