Questions tagged [sustainable btc mining]

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mia_anderson_painter mia_anderson_painter Tue Jul 16 2024 | 5 answers 1251

Will bitcoin halving lead to more sustainable BTC mining?

As the world of cryptocurrency evolves, a key event on the horizon is the bitcoin halving. This periodic reduction in mining rewards is designed to maintain the scarcity of bitcoins, but does it also lead to more sustainable BTC mining? The reduction in block rewards may force miners to optimize their operations, seeking more efficient energy sources. However, with the increasing difficulty of mining, miners may also be tempted to turn to cheaper, but potentially dirtier, energy sources. So, the question remains: will the bitcoin halving truly drive BTC mining towards a more sustainable future, or are there other factors at play that may offset this potential positive impact?

Will bitcoin halving lead to more sustainable BTC mining?

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