Bitcoin 1,671.04
$49,268.00 3.39173%
Ethereum 750.69
$4,190.90 17.91242%
XRP 0.18
$0.83 21.8303%
Litecoin 9.22
$159.74 5.77127%
Bitcoin Cash 6.93
$513.10 1.35138%
Binance Coin 36.52
$565.24 6.46062%
Chainlink 4.09
$20.01 20.42383%
EOS 0.50
$3.12 15.91491%

Bitcoin Mining Drives Clean Energy

Bitcoin Mining Drives Clean Energy

Bitcoin
November 21, 2021 by Editorial Team
19
Energy consumption from Bitcoin mining is massive, and people are taking notice. The increases have been scaling fast, with mining energy usage quickly surpassing the totals of small countries. And many see this ever-increasing carbon footprint as a threat to climate change. But it’s no threat. In fact, increasing energy usage might save the planet.
bitcoin-green-mining.jpg



Energy consumption from Bitcoin mining is massive, and people are taking notice. The increases have been scaling fast, with mining energy usage quickly surpassing the totals of small countries. And many see this ever-increasing carbon footprint as a threat to climate change.

But it’s no threat. In fact, increasing energy usage might save the planet.

Bitcoin Mining Energy Consumption And Its Byproduct

In the early days of Bitcoin mining, you could mine with a laptop in your home. Simply set up a rig and let it run, and while it might get a little warm in the room and the energy bill might spike a bit, an early miner could be profitable. Back then, miners were only competing with other hobbyists or very small-time facilities.



Source link

Add a comment