▼AbstractCryptocurrency mining involves validating transactions and adding them to the blockchain, with miners rewarded through block rewards like Bitcoin. The two main types of mining algorithms are Proof of Work (PoW), which requires significant computational power, and Proof of Stake (PoS), a more energy-efficient alternative. Mining's environmental impact, especially with PoW, raises concerns due to high energy consumption and carbon emissions. However, initiatives like using renewable en...

▼AbstractCryptocurrency mining involves validating transactions and adding them to the blockchain, with miners rewarded through block rewards like Bitcoin. The two main types of mining algorithms are Proof of Work (PoW), which requires significant computational power, and Proof of Stake (PoS), a more energy-efficient alternative. Mining's environmental impact, especially with PoW, raises concerns due to high energy consumption and carbon emissions. However, initiatives like using renewable en...