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2018-12-18 17:01:42

Electricity Consumption of Bitcoin is a Non-Issue: Solar Energy is Free in Some Regions

Bitcoin and its trustless, decentralized design requires a unique process called mining that validates each transaction being added to its underlying blockchain. The process involves solving complex mathematical equations, and typically requires some serious computer processing power, and even specially-designed hardware, to validate each block. Due to the amount of energy consumed during this process,...The post Electricity Consumption of Bitcoin is a Non-Issue: Solar Energy is Free in Some Regions appeared first on NewsBTC.