BitRss.com latest Crypto World News

Search and discover the latest Cryptocurrency updated Stories in Categories.

24-7 Cryptocurrency News about Blockchain, Technology and much more, only from Top Leading Sources.

Bitcoin Miner Says Solar Energy Cuts Mining Costs By 75%

Bitcoin Miner Says Solar Energy Cuts Mining Costs By 75%
Market conditions and electricity costs have substantially lowered cryptocurrency mining profitability. As a result, big and small-scale cryptocurrency miners are forced to turn to renewable energy to reduce operational mining costs. 

Future of Crypto Mining Lies in Solar Energy
Cryptocurrency miners have been trying to lower their costs since the advent of Bitcoin (BTC) . Now, due to adverse cryptocurrency market conditions, this endeavor has become increasingly critical.
Consequently, some miners are now using solar energy to run their operations. For example, Reddit user “cadese” claims he is using solar panels to reduce costs significantly —  stating :
Bitcoin mining is forcing me to go solar power. I just installed solar panels to run my miners during the day. Not only does my house get heated but I cut the mining cost by 75%. Why? It’s not just the cheapest form of energy, but I get rid of the grid-transfer cost and tax (=75%!)

My solarpowered mining-rig went viral on Reddit 
</div>
	
<style>
/*  */

#screenshot{
	position:absolute;
	border:1px solid #ccc;
	background:#333;
	padding:5px;
	display:none;
	color:#fff;
	}
/*  */
</style>
<script src=
- - - - -

Thank you for Share!

   
Read the full Article

Read the full Article: Bitcoin Miner Says Solar Energy Cuts Mining Costs By 75%


Search Crypto News


BITRSS | CRYPTOCURRENCY WORLD NEWS

The latest Top News, from leading exponents of BlockChain, Bitcoin and Accredited Crypto Currency Sources.

Since 2015, our Mission was to Share, up-to-date, those News and Information we believe to represent in an Ethical and sincere manner the current Cypto Currencies World.

We have always tried to give priority to the News; for this reason we have designed BitRss.com simple and intuitive, usable by all Devices, fast and effective.


| LEARN MORE ABOUT |

24h Most Popular News