Bitcoin mine heat-recycling firm MintGreen closes seed round led by CoinShares
Coinshares is teaming up with MintGreen to recycle heat waste from Bitcoin mining. Go to Source Powered by WPeMatico
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Coinshares is teaming up with MintGreen to recycle heat waste from Bitcoin mining. Go to Source Powered by WPeMatico
As more and more people join the cryptocurrency conversation, Bitcoin mining has been thrust into the limelight. And just like everything surrounding this inherently controversial industry, it’s shrouded in misconceptions. Bitcoin mining is disastrous for the environment. It’s expensive. It’s draining the earth’s natural resources. These are all valid arguments, but they are based on … Read more
Given the numerous drawbacks, Bitcoin mining tends to stop a lot of people in their tracks. As a handful of companies and countries ironically have a monopoly on the mining of Bitcoin, can it still be cost-effective to do? What’s the economic ripple effect of Bitcoin mining? Bitcoin Mining Contributes to the Local Economy Dave … Read more
Bitcoin mining consumes a huge amount of electricity. That’s no secret. Many a would-be miner has been stopped in their tracks by the prospect of a utility bill superseding their profits. But simply mining in locations with cheaper power, such as parts of Canada, Eastern Europe, or China, isn’t the solution either, since cryptocurrency mining … Read more