BitTorrent inventor’s ‘green’ Chia cryptocurrency may not be great for the environment
It has been a big year for cryptocurrency. Bitcoin isworthsix times what it was 12 months ago, and the joke currency Dogecoin has seen ahundredfoldincrease in price. Aboom in “non-fungible tokens”, or NFTs– tradable tokens based on the same technology as cryptocurrency – is transforming the art market. With this growth has come renewed scrutiny, with critics attacking Bitcoin in particular as aspeculative bubblethat usesvast amounts of electricityand produces no real value....