RE: Bitcoin Consumes An Astonishing Amount of Energy 06-10-2019, 11:05 AM
#17
Bitcoin is slowly getting obsolete for this reason, proof of work is highly outdated, however I saw a lot of documentaries about bitcoin mining and 9/10 bitcoin ''farms'' were using solar or other types of renewable energy.
If you do choose to mine bitcoin, nicehash is the best overall platform, as you do not mine bitcoin, you mine eth/zcash and other coins but you get paid in bitcoin. As it's way more efficient to mine other coins.
You can also calculate how much you will earn, as it will show an estimate of how much energy costs you will pay vs how much bitcoin you earn by mining.
If you do choose to mine bitcoin, nicehash is the best overall platform, as you do not mine bitcoin, you mine eth/zcash and other coins but you get paid in bitcoin. As it's way more efficient to mine other coins.
You can also calculate how much you will earn, as it will show an estimate of how much energy costs you will pay vs how much bitcoin you earn by mining.
(This post was last modified: 06-10-2019, 11:05 AM by Hutsom.)