Connect with us

Business

Everything We Want Costs Energy, Including Bitcoin – CoinDesk – CoinDesk

In a world with finite resources and energy – how does bitcoin fit? It all comes down to how we ascribe value to any of the things we want.

Published

on

Article feature image
ADVERTISEMENT

With the state of the public debate around bitcoin mining, non-fungible tokens and the energy consumption that goes into them, its fair to say cryptocurrencies have had a rough ride when it comes to recent scrutiny of their environmental impact. 
Recent headlinesin the New York Times and other media outlets have decried the large energy cost of bitcoin mining, which requires complex computational power and is vital to the security of the Bitcoin blockchain. As the original cryptocurrencys price…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
Washed-Up Influencer Arrested For Driving His Tesla From The Backseat, Says ‘Elon Musk Really Knows What He’s – Gizmodo
Article feature image
Plane, train and bus travelers still need to wear masks, even if they’re vaccinated – CNBC
Article feature image
Fisker and Foxconn Sign Framework Agreements for Project PEAR; Confirming Manufacturing to Start in U.S. From Q4 2023 – Yahoo Finance