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IBS Moscow • September 22-25, 2018

International Blockchain Summit Moscow – large event in Russia dedicated to all the aspects of blockchain implementation: learn about the…

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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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