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Save the Planet, Eat a Bug
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European firms focus on making insects more tasty
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Entomophagy or eating insects is gradually gaining traction as insects are a sustainable source of protein and micronutrients.
In comparison with livestock, insects have minimal resource requirements in terms of feed, land resources, and water. Additionally, the carbon footprint of insects is negligible compared to conventional livestock.
There are 2141 varieties of edible insects around the world, but they are not considered a traded commodity in many countries, which needs to be addressed on a global scale as this has the potential to turn into a multimillion-dollar industry.
What is entomophagy?
Entomophagy is the practice of eating insects. Humans have harvested insects, as components of their food, for thousands of years. This practice was previously considered ‘ancient’ and ‘barbaric’, and there was a substantial aversion to including insects in food. But it is now gaining worldwide attention, as insects are proposed to be the
Market Wrap: Bitcoin Flat at $56 7K, Ether Rises and Dogecoin Dumps 16%
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Analysis
Bitcoin mining started out as a small endeavor taken on by a few individuals repurposing home computers to mint virtual coins that were, at the time, almost worthless. Fast forward to 2020, and Bitcoin (BTC) mining has become a formidable industry of its own, constantly growing and evolving alongside Bitcoin itself.
Today, the Bitcoin networkâs hash rate is sitting at around 129 EH/s, acting in a similar way to the price of Bitcoin, even following the halving in October this year that saw the mining reward cut in half. James Bennett, CEO of ByteTree crypto data provider, told Cointelegraph that the trend is likely to continue: âThe investment into Bitcoinâs network infrastructure is clear. You only need to look at the series of all-time-highs of network difficulty to see the rate new mining capacity is being added.â So, hereâs how the mining industry is changing and maturing.