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Infobox cryptocurrency}} may be used to summarise information about a particular cryptocurrency, such as bitcoin or monero. This template adds an automatically generated short description . If the automatic short description is not optimal, replace it by adding {{ Short description }} at the top of the article.
This arms race for cheaper-yet-efficient machines has existed since bitcoin was introduced in 2009. [66] Mining is measured by hash rate, typically in TH/s. [67] A 2023 IMF working paper found that crypto mining could generate 450 million tons of CO 2 emissions by 2027, accounting for 0.7 percent of global emissions, or 1.2 percent of the world ...
In November 2022 the state of New York enacted a two-year moratorium on cryptocurrency mining that does not completely use renewable energy as a power source for two years. Existing mining companies will be grandfathered in to continue mining without the use of renewable energy but they will not be allowed to expand or renew permits with the ...
Templates are an important part of Wikipedia and allow for easier communication and repetition of information. Listed below are all of the cryptocurrency templates that members of WikiProject Cryptocurrency are encouraged to use. If you have an additional template, or wish to create one, please feel free to edit it in.
Here's everything you need to know about how virtual currencies are "mined."
Gridcoin was created on October 16, 2013, by Rob Halförd. Gridcoin, initially using the energy-intensive proof of work - as used by Bitcoin, before migrating to a proof of stake protocol in 2014, similar to Peercoin, in an attempt to address the environmental impact of cryptocurrency mining. [1] [8] [9]
In 2018, a proposed cryptocurrency Chia presented two papers presenting a new protocol based on proof of space [17] and proof of time. [ 18 ] In February 2021, Chia published a white paper outlining its business and has since launched its mainnet and Chia coin (XCH) using the Proof of Space Time concept.
Mining cryptocurrency has become something of an arms war. Back in 2009, when Bitcoin was first introduced, a simple PC was enough to mine some of the cryptocurrency.