Post
Topic
Board Mining
Re: Why China shut down mining farm? Carbon Emission.
by
Daltonik
on 27/05/2021, 14:31:18 UTC
All these carbon emissions in relation to bitcoin mining have nothing to do with reality and can only be applied to countries where there is a shortage of electricity, otherwise just speculation, because according to research, the annual electricity costs of bitcoin miners are 113.89 TWh, while in the production of gold, the figure reaches 240.61 TWh, and in the banking sector-about 263.72 TWh https://www.scribd.com/document/508170253/Galaxy-Digital-Mining-On-Bitcoin-Energy-Consumption#from_embed