El Salvador plans Bitcoin mines fueled by geothermal energy

El Salvador plans Bitcoin mines fueled by geothermal energy

Assessment

Interactive Video

Science, Business

11th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

El Salvador plans to build Bitcoin mining factories using geothermal energy from volcanoes, aiming for clean, zero-emission power. Bitcoin mining, managed by a decentralized network, is energy-intensive, prompting some countries to reconsider its viability. China's recent crackdown on mining highlights global concerns. Bitcoin's energy consumption is significant, with emissions comparable to millions of cars, raising environmental issues.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What innovative energy source is El Salvador planning to use for Bitcoin mining?

Solar energy

Hydroelectric energy

Geothermal energy

Wind energy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are new Bitcoins created?

By government approval

By solving complex algorithms

By printing them

By trading existing Bitcoins

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country recently cracked down on cryptocurrency mining?

United States

India

China

Russia

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Bitcoin were a country, where would it rank in terms of energy consumption?

Top 50

Top 20

Top 10

Top 30

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the environmental impact of Bitcoin mining in terms of carbon emissions?

Equivalent to 1 million cars

Equivalent to 9 million cars

Equivalent to 15 million cars

Equivalent to 5 million cars