​​​​​​​​​​​​​​​​​​The types of cryptocurrency have expanded since Bitcoin's debut in 2009 to now more than 4,000 types. With this development has evolved a new business of cryptocurrency mining – the use of complex algorithms to solve equations that verify and encrypt transactions. The energy-intensive nature of this new market presents challenges and opportunities for cooperatives. Find out more in these advisories​:

• Advisory - Cryptocurrency Mining: New Challenges for Electric Cooperatives (2022) ​- Update on cryptocurrency mining and the opportunities and challenges for cooperatives working with miners.
  
• Ad​visory - What to know about Cryptocurrency Mining (2018) - Explanation of this market and how its energy-intensive nature is affecting cooperatives.
  

ADDITIONAL RESOURCES:

• Article: Cryptocurrency Miners Create Challenges, Opportunities for E​lectric Co-ops (2022) ​
  

• ​RE Magazine Article: Blockchain Explained (2018)