
Why is water used in bitcoin mining?
Could you elaborate on the significance of water usage in Bitcoin mining? I've heard rumors that it's a resource-intensive process, but I'm not entirely clear on why water plays such a crucial role. Is it for cooling purposes? Are there specific mining techniques that rely heavily on water? How does this impact the environmental sustainability of bitcoin mining? And finally, are there any efforts being made to reduce water consumption in this process? Your insights would be greatly appreciated.
