The cryptocurrency bitcoin now uses up more electricity a year than the whole of Argentina, according to recent estimates from the University of Cambridge. That’s because the creation of a bitcoin, in a process called mining, is achieved by powerful computers that work night and day to decode
Bitcoin (BTC) flaws set stage for alternatives
Bitcoin, the world’s best known cryptocurrency, has a few flaws — and that’s triggered other digital currencies to come up with more viable options, according to a professor at Cornell University.
It isn’t as anonymous as people think it is, and “mining” bitcoin is bad for the environment, pointed out
5 Bitcoin alternatives that are more environmentally friendly
Editor’s note
The information on this page should not be used as investment advice. Tom’s Guide can not tell you whether you should invest in a particular cryptocurrency, or in the market as a whole. Crypto prices can go down as well as up and you could get back less