The emissions associated with mining a single bitcoin have increased 126-fold in five years, creating an industry that, according to one measure, is more environmentally damaging than global beef production 126-fold
Mining bitcoin involves networks of computers competing to guess the solution to a mathematical puzzle.
The process authenticates the cryptocurrency’s transactions, and the first miner to the solve the puzzle is awarded a significant amount of bitcoin. “Because it’s worth a lot of money, you have a lot of people who …
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