Kingsley
Valued Contributor
Crypto mining has become quite popular over the time since it was released, and now with the increasing prices there are more and more people that are venturing into crypto mining. However the energy requirements to operate a crypto mining rig is much higher than the energy required for conventional households, and therefore this puts a strain on the energy usage of many supply chains.
This is true, the minning of crypto currencies really uses a lot of energy to mine and this is really affect the environment. In the face of global warming countries are still struggling with it we can't cope again with another environmental challenge coming from mining.
Knowing that energy is a scarce resource, there are many fossil fuels being burnt in order to meet this increasing energy demand, which leads to devastating environmental consequences.
Do you think that restrictions should be placed on crypto mining to try and curb the negative environmental damage that it may have on the planet??
This is true, the minning of crypto currencies really uses a lot of energy to mine and this is really affect the environment. In the face of global warming countries are still struggling with it we can't cope again with another environmental challenge coming from mining.
Knowing that energy is a scarce resource, there are many fossil fuels being burnt in order to meet this increasing energy demand, which leads to devastating environmental consequences.
Do you think that restrictions should be placed on crypto mining to try and curb the negative environmental damage that it may have on the planet??