Abstract
Bitcoin has an energy problem. The cryptocurrency, and the blockchain it runs on, have long been heralded as the future of financial transactions, replacing people with an array of number-crunching computers. But its energy expenditure is becoming clear just as the blockchain and cryptocurrencies are exploding into the mainstream. That realization has spawned a host of strange workarounds, from heaters that warm home with the blockchain, to renewable mining. Now, the creator of one of the world's biggest cryptocurrency networks has announced a major change to address the problem
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