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New Chia cryptocurrency promises to be greener than Bitcoin, but may drive up hard drive prices

  • Written by Mohiuddin Ahmed, Lecturer of Computing & Security, Edith Cowan University
New Chia cryptocurrency promises to be greener than Bitcoin, but may drive up hard drive pricesShutterstock

It has been a big year for cryptocurrency. Bitcoin is worth six times what it was 12 months ago, and the joke currency Dogecoin has seen a hundredfold increase in price. A boom in “non-fungible tokens”, or NFTs – tradable tokens based on the same technology as cryptocurrency – is transforming the art market.

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