Earlier this week, I wrote on social media that it costs significantly less energy to produce cryptocurrencies like bitcoin and Ethereum. The responses were, “that’s not true, once fiat money is created, no additional energy is required.”
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As cryptocurrencies and blockchain technology mature, they will experiment with more efficient methods of consensus algorithms and mining methods that may decrease the energy output of cryptocurrencies in the long-term...Click here to know the details story
AUTHOR
Joseph Young
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