Month: August 2020

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Cryptocurrency energy demand is still underestimated

When the Bitcoin network launched back in 2009, it didnโ€™t take long before cryptographer and Bitcoin pioneer Hal Finney infamously wondered โ€œhow to reduce CO2 emissions from a widespread Bitcoin implementationโ€. By adding a proof-of-work based consensus mechanism, Bitcoin creator Satoshi Nakamoto had embedded a requirement for the …