Dogecoin (DOGE): Blockfolio Has Suggestions For Elon Musk - Kakiforex.com - Financial Market Media No. 1 in the World Dogecoin (DOGE): Blockfolio Has Suggestions For Elon Musk Dogecoin (DOGE): Blockfolio Has Suggestions For Elon Musk
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May 31, 2021

Dogecoin (DOGE): Blockfolio Has Suggestions For Elon Musk

 Probably because Elon Musk is starting to show interest in renewing the concept of cryptocurrency mining which uses a lot of energy, Blockfolio in a recent tweet asked the figure to solve the Dogecoin (DOGE) mining problem.


“Hot tub heating with dogecoin mining. No matter how, just do it. ”


Great idea


- Elon Musk (@elonmusk) May 29, 2021



The suggestion in the form of a suggestion from the crypto trading app received a positive response by the Tesla founder. Dogecoin mining through hot tub heating can be said to be an interesting and two -pronged proposition.


Where not, previously Tesla announced the postponement of the acceptance of Bitcoin (BTC) as a payment medium due to environmental issues.


For information, coin generation for both these currencies-Dogecoin and Bitcoin uses a Proof-of-Work (PoW) algorithm which is synonymous with generating a lot of energy and harming the environment.


However, Dogecoin has switched to Auxiliary PoW which is more energy efficient than the original PoW.


Will Musk really respond to that suggestion? Anyway, this is definitely good news for the crypto sector which is approaching a more environmentally friendly era.