Does Tesla S Investment In Bitcoin Damage Its Environmental Credentials
However, Bitcoin is fast becoming one of the least environmentally-friendly forms of currency. Creating new Bitcoin involves mining, a computational process that requires a vast amount of power. Consequently, Tesla’s investment in this environmentally dirty technology seems at odds with its own sustainable energy goals. Where Does Bitcoin Come From? Bitcoin is a form of cryptocurrency supported by the blockchain. Digital currencies have struggled to gain mainstream acceptance in the past due to the double-spend problem....