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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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IPCC Concerns Energy-Intensive Crypto Mining as Risk of Climate Change

The latest report of the Intergovernmental Panel on Climate Change (IPCC) from the United Nations concerns the carbon footprint and its energy consumption produced by crypto mining.

by Nicholas Otieno
Apr 06, 2022

CRYPTOCURRENCY

IPCC Concerns Energy-Intensive Crypto Mining as Risk of Climate Change

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