Using Clean Energy to Power Bitcoin Mining

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Bitcoin mining has come under fire for its increasing electricity consumption, and impact on the environment. The company Bit Digital has opened a new facility in Buffalo, New York, which they say is powered by clean energy from the Niagara River.

#Crypto #Bitcoin #Explained

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Always remember in true terms, cryptocurrency can't be specified under any class. With each stakeholders involved in the crypto ecosystem, its change it's meaning right from currency, assets, utilities, commodity, security to many more others things . What important is putting a proper ring fence, which can be done through 'india wallets' a concept suggested by tanvi Ratna, member of global blockchain policy maker. That wallet will ensure our access to india, foreign exchanges and private wallets, allowing stakeholders to innovate in the space freely. At the same making sure, all the  regulatory norms are meet to avoid wro

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Bitcoin shouldn't even be competing for power. Proof of stake just makes so much more sense than proof of work Blockchains.

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