The system that secures bitcoin, proof of work,
demands vast amounts of energy — and that's a prize problem to solve, say researchers.
Not exact matches
He believes it could also play a role in a future large - scale hydrogen generator, which would collect the
energy from sunlight in huge fields and then run that electric current through water to produce
vast amounts of hydrogen to meet, for example, the
demand from a future fleet
of hydrogen - powered vehicles.
Nevertheless, the
demand side grows fastly with booming population growth and urbanization, while the supply side is more endangered with increasing water scarcity due to global change, limited phosphorus reserves and
vast amounts of energy required for nitrogen production.