Is Bitcoin a waste of energy? Pros and cons about Bitcoin mining

Bitcoin arouses passion, curiosity and has received more and more media attention, especially after having climbed the ranks of the best financial asset of the decade. However, whenever its price goes up, many doubts and questions arise, mainly around its origin and the energy expenditure by miners.

The Bitcoin protocol has created a unique digital asset

To understand how Bitcoin (BTC) is created and what mining is, the key is the double-spending problem.

Before Bitcoin, there was neither a…

… Continue Reading at: cointelegraph.com [source]

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