FACT CHECK: Is Bitcoin mining environmentally unfriendly?

As Bitcoin has become increasingly mainstream, questions about how it works have naturally arisen among both investors and the general public. One of those questions is about the potential environmental impact of mining, which is the process the blockchain uses to generate new bitcoin and verify transactions.First, a basic fact: Bitcoin mining is an energy-intensive process. There’s no debate about that. As prices climb, new miners are incentivized to participate, which drives up energy usage (a...

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