Question & Answer

Which of the following statements about bitcoin mining is true?

Based on the information in this text, bitcoin mining

A requires a college degree in accounting.
B consumes more energy than some countries.
C does not require an internet connection.
D is not considered advanced technology.

1 Answer

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Quizzma TeamJanuary 29, 2025

The correct answer is B: consumes more energy than some countries.

Explanation: Bitcoin mining is known to be an energy-intensive process, often consuming significant amounts of electricity, leading to comparisons with the energy consumption of entire nations. It does not require a college degree in accounting, does need an internet connection to function, and is considered advanced technology due to the complexity of the computational work involved.