Major mainstream media made a coordinated attack on Bitcoin’s energy consumption. - bitcoin crypto
The article implied beef production had as much environmental damage as the market it supports. According to them, the damage estimation is at 33%.
than traditional banking. Even at the single transaction level, it is one to five times energy efficient.It is ignorant to say that a cryptocurrency supporting decentralization is harmful. Bitcoin has eliminated the complexities of the traditional system. Is Bitcoin also harmful by helping to ease transactions?
Now, let's bring the facts to the table. We will highlight the environmental degradation of a mentioned industry: oil exploration.
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