Energy and cryptocurrency

energy and cryptocurrency

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However, assessing the electricity use of cryptocurrency miners is difficult for several reasons. By measuring the emissions impact, as well as the value provided by off-takers of renewable energy, the RE Emissions Score will allow any company, not just Bitcoin miners, to make meaningful claims about renewable energy procurement, prioritizing investment in high emissions areas and low-cost renewable projects. Those letters were issued in August , with most responses from cryptocurrency miners being received in September and October As the market grew over time, the puzzles the miners had to solve to earn new coins grew more and more complex, requiring increased computing power and, by extension, energy.