Thursday, November 21, 2024
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Internet Computer Contributor (ICP) Dfinity Foundation Building Tech For Blockchain-Based Recycling Incentives

Roland Berger sees blockchain technology as a "foundational element critical for its success," thanks to its decentralized model guaranteeing "a transparent, auditable, and secure record of recycling credits and transactions," according to the statement. Source

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This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining

It takes a lot of energy for miners to verify transactions and mint new blocks on the Bitcoin (BTC) blockchain. According to Statistica, one Bitcoin transaction consumes as much electricity as over 1 million VISA transactions. Moreover, the cryptocurrency's environmental burden increases even more if the energy used for mining

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