Over the past few years, we have heard multiple allegations that Bitcoin is a threat to our environment. More specifically, the amount of energy and electricity required to keep the network operational is pretty astonishing. While the price of Bitcoin is going up to accommodate these increasing costs, it is evident there are serious concerns about the way this network operates. Bitcoin is not Exactly Eco-friendly While no one can deny that Bitcoin is a phenomenon unlike anything the world has ever seen before, it is not perfect either. Not only does the currency lack fungibility, privacy, anonymity, and scalability, but it’s also power-hungry in many ways. One needs
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Bitcoin Isn’t the Environmental Monster Most People Think It Is
