Expert exposes disturbing truth behind crypto’s legal loophole problem
Crypto is all memes and moonshots until you look at how much power it uses up.
Digital currencies like Bitcoin require an energy consumption that rivals that of entire countries. Still, there are solutions out there to clean up the field, according to The Regulatory Review.
What is cryptocurrency and why does it use so much power?
Crypto coins are a type of digital currency that gained popularity for their nontraditional structure and as investments. A big part of their value stems from being traded on a highly secure platform called the blockchain.
However, to get onto the blockchain, a “mining” process must occur, which is what gives crypto its bad energy rap. Each mining transaction drains a massive amount…
