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  2. How would a U.S. bitcoin strategic reserve work? - AOL

    www.aol.com/news/explainer-u-bitcoin-strategic...

    The best-known example is the U.S. Strategic Petroleum Reserve, the world's largest supply of emergency crude oil, which was created by an act of Congress in 1975 after a 1973-74 Arab oil embargo ...

  3. Bitcoin rallies past $107,000, hopes grow for strategic reserve

    www.aol.com/news/bitcoin-climbs-above-105-000...

    (Reuters) -Bitcoin's record rally topped $107,000 on Monday after President-elect Donald Trump reiterated that he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil ...

  4. Environmental impact of bitcoin - Wikipedia

    en.wikipedia.org/wiki/Environmental_impact_of...

    A study in Scientific Reports found that from 2016 to 2021, each US dollar worth of mined bitcoin caused 35 cents worth of climate damage, compared to 95 for coal, 41 for gasoline, 33 for beef, and 4 for gold mining. [12] The shift from coal resources in China to coal resources in Kazakhstan increased bitcoin's carbon footprint, as Kazakhstani ...

  5. Cryptocurrency - Wikipedia

    en.wikipedia.org/wiki/Cryptocurrency

    A cryptocurrency, crypto-currency, or crypto [a] is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.

  6. Mining pool - Wikipedia

    en.wikipedia.org/wiki/Mining_pool

    In the context of cryptocurrency mining, a mining pool is the pooling of resources by miners, who share their processing power over a network, to split the reward equally, according to the amount of work they contributed to the probability of finding a block. A "share" is awarded to members of the mining pool who present a valid partial proof ...

  7. GPU mining - Wikipedia

    en.wikipedia.org/wiki/GPU_mining

    GPU mining is the use of Graphics Processing Units (GPUs) to "mine" proof-of-work cryptocurrencies, such as Bitcoin. [1] Miners receive rewards for performing computationally intensive work, such as calculating hashes, that amend and verify transactions on an open and decentralized ledger.

  8. Cryptoeconomics - Wikipedia

    en.wikipedia.org/wiki/Cryptoeconomics

    Crypto-macroeconomics is concerned with the regional, national, and international regulation of cryptocurrencies and DeFi transactions. The Group of Seven governments' interest in cryptocurrencies became evident in August 2014, when the United Kingdom Treasury commissioned a study of cryptocurrencies and their potential role in the UK economy, and issued its final report in January 2021. [12]

  9. Proof of space - Wikipedia

    en.wikipedia.org/wiki/Proof_of_space

    Signum Proof of Capacity consumes disk space rather than computing resources to mine a block. Unlike PoW, where the miners keep changing the block header and hash to find the solution, proof of capacity (as implemented by Burstcoin, and developed further by Signum) generates random solutions, also called plots, using the Shabal cryptographic ...