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Just In: CZ Backs Mining Tech In Crypto Saying "Just The Beginning"

source-logo  coingape.com 28 July 2022 20:46, UTC

After questions were raised over the efficiency and environmental effects of crypto mining, CZ expressed confidence in the technology. Comparing Bitcoin mining with the energy usage of traditional financial companies, he said the mining process is more efficient. “This is just the beginning,” he affirmed, arguing that Bitcoin’s sustainability is important for the ecosystem.

coingape.com