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Tag: Bitcoin Energry Consumption Index

Bitcoin Pioneer Harnessing Excess Mining Heat to Produce Cash Crops

Category: Bitcoin, Mining, News, Tech

Bitcoin Pioneer Harnessing Excess Mining Heat to Produce Cash Crops
In the course of the last few of years, there have been considerable discussions relating to the energy consumed by cryptocurrency mining. The process of generating new bitcoin is called mining, and this consumes a lot of electricity in the process. According to Digiconomist’s Bitcoin Energy Consumption 2017 Index, Bitcoin’s annual estimated electricity consumption is equivalent to 29.05TWh or 13%…

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