New Blockchain Startup 4NEW Promises to Solve One of Bitcoin’s Biggest Problems
(ANTIMEDIA) — The elephant in the room of the blockchain industry is energy usage. Financial pundits love to compare its intake to national consumption. For example, earlier this year Forbes pointed out that Bitcoin’s proof of work mechanism uses the same amount of electricity in a year as the entire nation of Switzerland. Ars Technica compared Bitcoin usage to the nation […]
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