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Cryptocurrency & Energy Use
Cryptocurrency is a decentralized digital currency that relies on blockchain technology and cryptographic security.
Why Crypto Uses So Much Energy
Mining cryptocurrencies requires solving complex mathematical problems, demanding high-powered computing that consumes large amounts of electricity.
Potential Benefits
Enables decentralized financial transactions outside traditional banking systems.
Expands financial inclusion by offering alternative payment and investment options.
Can integrate with green energy solutions to reduce its environmental impact.
Sustainability & the Future
The crypto industry is exploring energy-efficient blockchains, carbon offset initiatives, and renewable-powered mining operations to lower its environmental footprint.