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Bitcoin's Eco-Friendly Evolution: A Win-Win for the Environment and Investors


There's no denying that the process of mining Bitcoin (CRYPTO: BTC) consumes a significant amount of energy. If the cryptocurrency were a country, it would consume the 32nd most electricity in the world -- ahead of large countries like Argentina, The Netherlands, and other highly developed nations with populations in the tens of millions.

Environmentalists often use statistics like these to portray Bitcoin as a gluttonous and unnecessary nuisance that generates huge amounts of carbon emissions and exacerbates global climate change. Yet these comparisons fail to paint the complete picture of Bitcoin's energy consumption.

Image source: Getty Images.

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Source Fool.com

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