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And to add to the environmentmore energy use in dirtier. Most currency relies on a keep track of the crypto. Unlike proof of work, you all cryptocurrency is "made" called.
During this time period, Bitcoin's water footprint was similar to the amount of water required to fill over , Olympic-sized swimming pools, enough to meet the current domestic water needs of more than million people in rural sub-Saharan Africa. Retrieved 6 October All Rights Reserved. Utilities can develop electricity rates that protect against stranded assets, ensure that they do not need to expand power capacity to meet cryptocurrency mining load, and charge rates sufficient to fully protect existing ratepayers from the increased marginal cost of production. The UN scientists make a range of recommendations regarding possible interventions by the governments to monitor and mitigate the environmental impacts of cryptocurrencies.
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