Out of all the coins in the cryptocurrency sector, Bitcoin is by far the most mined and thus produces the most pollution. The solution may come at a price, but as long as the price of bitcoin continues to rise over the years, and as long as sustainable energy is used for mining, that will be a price well paid.
Most of us already know that cryptocurrency has solidified its place in the global financial system and will only expand more. However, if left unchecked by not just regulators, but itself, cryptocurrency mining will absorb a lot more energy that could threaten national and international climate targets. Most crypto-enthusiasts will lean toward capitalism at any cost, but a growing number of supporters are growing a conscience when it comes to environmental sustainability. So, where is the happy medium? The answer might shock you.
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