Tag Cloud

How Bitcoin can force the transition to renewable energy

a[href*='miamigov.com']::after { background-image: url("https://www.miamigov.com/files/ocfavicon/Public/favicon.ico?V=636602047551872329") } a[href*='jbs.cam.ac.uk']::after { background-image: url("https://www.jbs.cam.ac.uk/wp-content/uploads/2019/11/favicon-32x32.png") } Bitcoin has a reputation for using a lot of energy. That’s by design. Since Bitcoin is a Peer-to-Peer digital currency, it needs some way to prevent users from sending the same coins to multiple recipients. This is the double-spending problem. To solve this, the Bitcoin protcol asks a group of computers called miners to solve a math problem.