So you’ve heard of Bitcoin mining and want to make money? To stay warm this winter, why not take what many miners around the world are trying to get rid of their unwanted waste – the heat. While this is not a new idea, there has always been a trade-off between the loud noise made by the miners and the heat it produced.
We can use the vast amounts of heat generated by the computers that extract Bitcoin to provide heat to food plants growing under the same roof. This positive externality of the Bitcoin mining sector could help make it more energy-efficient than the traditional banking sector while also making it environmentally friendly. Bitcoin rates and peaks of difficulty can make the energy bill and other mining overheads not viable per se, but combined with other income-generating businesses using mining byproducts could be part of the solution.
Make sure that you know what you are doing. There are many ways to make this thing work, but you need to take note of the ones that are worth working with. Some are going to take more time and effort than others, but you can learn by trial and error and get better results over time.
Disclaimer: The information provided on this blog is for informational purposes only and should not be taken as any form of advice.
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