Is Cryptomining Bad for The Environment?

Wrapping up our Blockchain and Crypto Month. We investigate the one question that seems to be repeated throughout the episodes: Is crypto mining bad for the environment?

To help us out, we invited old friends back to the show. First and foremost Mark and John from NTT Ltd explain in detail what crypto mining actually is.

In the second part of the episode, we chat with crypto experts Blair Urquhart who introduces us to Meet Chia and Jeremy from Boston Trading Co. About their thoughts on the environmental impact. The short answer is it depends on if the cryptocurrency is mined via proof of work or proof of stake. Which you can check out their definitions here

Mark and John from NTT Ltd can be also be heard on Series 1 Episode 17 . To find out more about NTT visit https://hello.global.ntt/

Jeremy can be previously heard on Series 1 Episodes 4 and 5. He has been a financial planner since 1992. He has decades of experience in direct stocks, property and managed funds, as well as for cryptocurrencies. Jeremy used old 300-year-old tools to predict the GFC two years before it occurred, in his award-winning best-seller. He also predicted the 2020 market crash six months before the COVID19 virus hit. For the last few years, he has served as the CFO of BostonCoin, the world's first diversified crypto-ETF. During 2020, BostonCoin increased in value by over 300%, with less volatility than bitcoin. Find out more at www.BostonTrading.co 

Jeremy has also got a great resource for cryptocurrency first-timers at www.cryllionaire.

For information about Meet Chia visit click here

Further reading:

Article about Hedera Hashgraph

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