Bitcoin mining’s power consumption is widely criticized, so how might the Ethereum Fusion impact this for alternative digital assets? Is there a sustainable approach to fueling crypto? In this latest installment of Crypto In Real Life, hosts Katie Greifeld and Tim Stenovec explore the ethics of crypto mining amidst a global energy crisis. According to Alex de Vries, the creator of Digiconomist, leveraging proof of stake could resolve the sector’s energy utilization challenges. Conversely, CleanSpark CEO Zach Bradford argues that proof of work is not a drawback but a strength, emphasizing that crypto mining can indeed be eco-friendly.
Tune in to Crypto In Real Life every Thursday at 8:30 p.m. ET on Bloomberg Quicktake, and at 8:30 p.m. on Fridays on Bloomberg TV. You can also catch it on continuous stream at www.bloomberg.com/qt. #cryptocurrency
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