Will Profit Compromise the Ability to Go Green? Proposals for Industry and Government to Create Standards in Crypto-assets
By: Hayden McGuire A single transaction with bitcoin has a power cost that is equivalent to the average U.S. household’s 50-day consumption. Since the cryptocurrency’s popularization in 2016, the high-electricity-consuming coin has had detrimental effects to the environment. If the power consumption that bitcoin uses was measured as its own country, it would be in… Read More Will Profit Compromise the Ability to Go Green? Proposals for Industry and Government to Create Standards in Crypto-assets