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Bitcoin climate problem has become a significant concern in recent years as the cryptocurrency\“s energy consumption continues to rise. The proof-of-work consensus mechanism requires substantial computational power, leading to high electricity usage that often comes from non-renewable sources.
The environmental impact of Bitcoin mining operations has drawn criticism from climate activists and policymakers worldwide. Large-scale mining facilities consume electricity equivalent to entire countries, contributing to carbon emissions and climate change concerns.
However, the Bitcoin community is actively addressing these climate problems through various initiatives. Many mining operations are transitioning to renewable energy sources, while developers are exploring more energy-efficient consensus mechanisms and layer-2 solutions to reduce the network\“s overall environmental footprint. |
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