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Bitcoin mining consumes more electricity than most countries, study suggests | Science & Tech News
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Bitcoin mining consumes more electricity than most countries, according to a new report on its damaging environmental impact. Mining is the process by which transactions are added to and validated on the blockchain, the public ledger for cryptocurrencies. Competing miners race to use computers to solve complex mathematical puzzles using extremely powerful hardware – receiving…
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Plans for deep sea mining gains momentum despite no permission from international authority | Climate News
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A company has said it intends to start mining minerals from the deep sea bed despite an international meeting failing to grant permission. Parts of the ocean floor are rich in so called “poly-metallic nodules” containing elements like nickel and copper, which are essential to green tech and renewable energy. Canadian firm The Metals Company…