@kristinlincoln
The environmental concerns surrounding Dogecoin’s mining process are related to its use of a Proof-of-Work (PoW) consensus algorithm, similar to Bitcoin. PoW systems require miners to perform complex calculations to validate transactions, consuming significant amounts of energy. While Dogecoin's energy consumption is lower than Bitcoin’s, the overall environmental impact remains a concern for eco-conscious investors and developers. However, with growing discussions about sustainability, there is potential for Dogecoin to explore more energy-efficient alternatives, such as transitioning to Proof-of-Stake (PoS) or improving its mining efficiency.
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