Yes, Bitcoin is eco-friendly despite popular misconceptions

A common misconception seems to be that Bitcoin’s proof of work mechanism exceeds that of the many small nations, thus making it harmful to the environment and detrimental to power grids.

To put this into perspective, there is a flaw in the logical structure of all these arguments.

It is clear that the current block reward mining processes on the BTC and Ethereum networks are not sustainable, and they will only get worse.

Bitcoin has the potential to change the world, but not if mainstream news outlets and so-called “experts” continue to misidentify the digital currency.

…Read the full story