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Cryptocurrency In 5 Minutes - Cryptocurrency Explained - What Is Cryptocurrency? - SimplilearnBitcoin's current proof-of-work (PoW) consensus algorithm is not environmentally friendly, as it requires a large amount of computational power. The most important way to improve the environmental impact of cryptocurrencies is to clean up electricity production and reduce its e-waste. A carbon tax on. Ultimately, it was assessed that PoW cryptocurrencies, especially Bitcoin, are historically associated with an ever-increasing environmental.
