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Bitcoin Mining vs Gold: Comparing the digital coin to the yellow metal
The term “mining” in the context of cryptocurrency refers to the process of validating and adding transactions to a blockchain
The digital mining of Bitcoin and other cryptocurrencies is an incredibly energy-intensive process. EZ Blockchain keeps greenhouse gasses out of the atmosphere by utilizing wasted energy with the help of Bitcoin mining and high-density computing.
Even after bitcoin mining activity dipped in recent months, the cryptocurrency network consumed almost as much energy as the entire nation of Chile and more than twice what homes and businesses in Denmark use in a year, real-time estimates show.
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