cryptocurrency environment

Cryptocurrency and Environmental Sustainability: Challenges and Innovations

Byitrecycle

The link between cryptocurrency and environmental care is more important than ever. Digital currencies like Bitcoin and Ethereum are becoming very popular. But, there’s worry about how mining them affects our planet. For example, Bitcoin uses about 151 terawatt-hours of electricity every year. This is nearly 0.59% of the electricity used worldwide. It makes Bitcoin…

crypto and environment

Cryptocurrency and the Environment: Balancing Innovation and Impact

Byitrecycle

The rise of cryptocurrency marked a turning point in finance after the 2008 crisis. This new form of money, starting with Bitcoin, sparked a wave of change. It led to new currencies and the spread of blockchain technology. Today, about 420 million people worldwide engage with this tech. Cryptocurrencies offer big benefits like decentralisation and…