3 bitcoin-mining experts explain why concerns around the cryptocurrency’s massive energy consumption are overblown | Currency News | Financial and Business News


Bitcoin mining uses vast amounts of electricity



  • Bitcoin’s recent rally has reignited fears that mining the coin is harmful to the environment, because of the among of energy required.
  • But cryptocurrency experts argue that concerns about bitcoin’s energy consumption have been taken out of context.
  • Miners say they’re increasingly moving towards using renewable energy, but data supporting the extent of that is unclear.
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