19-05-2021 23:36 via calgary.ctvnews.ca

Digital experts aim for 'Alberta solution' to environmentally friendly cryptocurrency mining

Lead innovators and experts in the world of digital cryptocurrencies are putting Alberta on the map as a prime destination to reduce the carbon intensity required to create them. Although currencies like Bitcoin (BTC), ether (ETH) or Dogecoin (DOGE) don’t physically exist, they do in fact require a great deal of energy to produce in what’s known as a process called mining. Mining is when new cryptocurrencies enter into circulation, which is performed using very sophisticated computer
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