Philip Mawusi Adiamah
The energy consumption of blockchain technology
A blockchain is a technology that serves as the basis for digital assets. Bitcoin and Ethereum, the two most popular digital assets, account for 59% of the entire industry. This article will discuss the energy consumption of blockchains, more precisely the bitcoin blockchain. Bitcoin is a digital currency that can be transferred directly between users through the peer-to-peer bitcoin network, eliminating the need for intermediaries.
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