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Ripple's Exec Campaign Has 'Zero Chance' of Forcing Bitcoin to Proof-of-Stake, But Brace for More Attacks It has almost become a populist truism that Bitcoin (BTC) is bad for the environment. By using proof-of-work (PoW) as its consensus mechanism, its entire network consumes a prodigious amount of energy, which at the moment is reportedly higher than the annual energy consumption in some countries. ...
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