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coinpedia 2022-09-30 06:34:55

Bitcoin Operates More Like Digital Crude Than Digital Gold 

The post Bitcoin Operates More Like Digital Crude Than Digital Gold  appeared first on Coinpedia Fintech NewsAccording to the most recent study by economists at the University of New Mexico, which was released on September 29, Bitcoin functions more like “digital crude” than “digital gold” in terms of climate impact. The study makes comparisons with other industries in an effort to determine the energy-related climate harm that proof-of-work Bitcoin mining causes. …

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