How a change in code can cut Bitcoin energy consumption by 99%

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Bitcoin mining uses up a lot of power -- in fact, the entire network consumes more electricity than several small nations.

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With Bitcoin prices rising again, demand for the world’s most popular cryptocurrency

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This has led to several fossil fuel energy plants being brought back to life at the expense of the environment

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But the solution to Bitcoin’s energy problems may be something as simple as a change in the underlying blockchain code.

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By switching to a 'proof-of-stake' model from a 'proof-of-work' model

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Bitcoin can hope to significantly reduce energy requirements.

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A new campaign called “Change the Code Not the Climate” by the Environmental Working Group, Greenpeace USA and other climate groups

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The groups are asking the Bitcoin blockchain to switch from a “proof-of-work” model to a “proof-of-stake” model

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Top 10 most-trusted cryptocurrency wallets to safeguard saving

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