A Global Energy Shortage Is Putting Bitcoin Under Pressure

It has been a difficult start to the year for crypto markets and, as prices have plunged, the industry’s energy consumption has come back into the spotlight. Crypto miners are racing to make digital currencies greener by using renewable energy sources to power operations, while others head to gas sites to use waste carbon for mining. But with uncertainty clouding Bitcoin’s future, gas project operators are starting to reconsider partnering with crypto miners. The poor environmental impact of cryptocurrency mining is gaining increasing…      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.
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