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Recently, there has been considerable focus on Bitcoin’s alarming environmental effect. Although efforts are being made to reduce the cryptocurrency’s carbon footprint, it is critical to understand why cryptocurrencies consume so much energy?

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©2015 Bloomberg News NP1DFA6S972A (Bloomberg) — The best way to make money in China’s booming stock market has been, well, to do nothing. Simply buying and holding would have captured the 142 percent return in the Shanghai Composite Index over the past year, the best performance among 23 trading models

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