Updated: 5 hours ago
Do you remember the time when Bitcoin mining used to be sustainable and energy-efficient?
Me neither. I've read recently that you were able to mine Bitcoin with a simple home computer back in 2010 so it didn't consume a lot of electricity back in the day.
Now unless you own a hydropower plant or several waterwheels or live in an area where it's extremely cold, requiring a source for heating your home, it's just not even worth mining it anymore with each halving event as the mining rate is lowered, along with your electricity bill and taxes.
There are multiple solutions to this problem but how fast do you think will the world catch up to this?
*Also RIP Larry King*
This data was published around 2018
Bitcoin Mining vs Ethereum (1.0) Mining in 2018