Dear EarthTalk: I don't get how cryptocurrency is so bad for the environment? -- L.H., via emailCryptocurrency’s impact on the environment is a big cause for concern. One of the main environmental issues associated with cryptocurrency is its energy consumption. The process of “mining” cryptocurrency involves complex mathematical calculations that require substantial computational power, primarily from fossil fuel sources. Furthermore, the energy requirements of cryptocurrency mining have led to the emergence of large-scale mining operations, often located in regions where electricity is cheap and abundant.

Source: Daily Sun June 17, 2023 16:08 UTC