The student news site of The Harker School.

Harker Aquila

The student news site of The Harker School.

Harker Aquila

The student news site of The Harker School.

Harker Aquila

Since hundreds of thousands of people are constantly using electricity to continuously process and verify these transactions, Bitcoin miners, people who participate in verifying blocks, alone consume about 195 terawatt-hours of electricity every year, which is comparable to 34.2% of Canada’ annual energy consumption. Bitcoin itself has an annual footprint of 92.6 megatons of carbon emission, similar to the footprint of the whole country of Nigeria.

Cryptocurrency must solve its wasteful energy consumption

by Margaret Cartee, Reporter December 6, 2021

The mystery of the ever-perplexing “blockchain” often obscures access to cryptocurrency, and non-fungible tokens (NFTs) are becoming the new, trendy future of digital art collecting for the wealthy...

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