Energy consumption is a constant concern in crypto mining, but more sustainable practices are emerging- Presented by Deloitte
— decentralized public digital ledgers — that is constantly recorded and updated on millions of specially built computers that maintain the network. New Bitcoins and other cryptocurrencies are also minted after the purpose-built computers solve increasingly complex math puzzles known as"hashing algorithms.
" In addition to fluctuations for Bitcoin, ether, and other digital currencies, cryptocurrency miners are constantly monitoring how much energy is needed to constantly power, cool, and store all of this specialized computer equipment. Most of this energy comes from fossil fuel sources in places offering cheap prices.
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