Cryptocurrencies Impacting The Environment
Cryptocurrency is a decentralised virtual currency that is deemed to be more efficient than traditional currencies because it is regulated by a community of users. As of 2019, the top 100 cryptocurrencies had a market value of about US$200 billion with bitcoin accounting for more than half of that amount.Bitcoin mining, the backbone of the network, refers to the production of bitcoin or digital coin through solving complex algorithms with specialised computers.