Bitcoin energy boom stamps down colossal carbon footprint

Bitcoin energy boom stamps down colossal carbon footprint

Bitcoin Mine (Getty Images/AFP/M. Zmeyev) For Gold Rush prospectors in 1860s California, profits came before the planet. Money-hungry miners devastated fields and waterways with hydraulic mining technology as they covered fertile farmland with silts and sediments. Forests were hacked down and rivers dammed dry — all for the prize of precious gold nuggets. Fast forward 150 years, and some Silicon Valley successors are treading similarly mucky tracks. Bitcoin, the upstart digital currency that has surged to a high price of $15,000 on Thursday , is under scrutiny for its exorbitant electricity bill. Critics call the currency dirty for a […]

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