What are the differences in environmental impact between platinum and palladium in the production of digital currencies?

1 answers

• May 07, 2022 · 3 years ago
  In the production of digital currencies, the environmental impact of using platinum and palladium can differ. Platinum mining typically requires extensive land excavation, which can lead to habitat destruction and soil erosion. It also involves the use of chemicals that can contaminate water sources. On the other hand, palladium mining is generally less invasive and has a lower impact on ecosystems. Additionally, the refining process for platinum is energy-intensive and emits greenhouse gases, while palladium refining is relatively more energy-efficient. Considering these factors, using palladium instead of platinum in the production of digital currencies can have a lower environmental impact.
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