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Mining Crypto Uses A Massive Amount Of Energy — Why That Could Be Changing

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October 22, 2022

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Recently, the world’s second-largest cryptocurrency, ethereum, implemented a major network upgrade that reduced its energy consumption by 99.9%. But though energy usage has been one of the cryptocurrency industry’s biggest targets for critique, it’s not likely that bitcoin will follow suit. Instead, bitcoin miners are touting their use of renewables and their benefit to the electrical grid, as they try to green their image. Here’s how both networks are trying to become more sustainable.

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Mining Crypto Uses A Massive Amount Of Energy — Why That Could Be Changing

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