Flow-er
Active member
The business of mining is growing and so many companies are dipping their toes into it. The mining hashrate has a direct impact on the demand-supply dynamics which actually influences the price of cryptocurrency. The challenges with mining is that it's really not profitable if you are not having a mining farm because I have tried and I gave up.
So many renewable energy could be herness to power the mining rig and so also a flaring that could have been a wasteful practice, could be used to power the mining rig and that's exactly what was seen in the news yesterday . A oil and gas heavy weight, ConocoPhillips of Bakken, North Dakota, have decided to use the excess gas which is the by-product of oil drilling to power a bitcoin mining rig.
ConocoPhillips now converts the gas emissions into money is a very good idea. The gas flaring that was regarded as wasteful and a by-product is now harnessed to power the bitcoin mining farm . These is indeed one of the ways to apply recycling in cryptocurrency.
The gas emissions is passed into the generator that will inturn power the mining plant. This is a very good news in the cryptocurrency space .
Do you think that the development is a good move?
So many renewable energy could be herness to power the mining rig and so also a flaring that could have been a wasteful practice, could be used to power the mining rig and that's exactly what was seen in the news yesterday . A oil and gas heavy weight, ConocoPhillips of Bakken, North Dakota, have decided to use the excess gas which is the by-product of oil drilling to power a bitcoin mining rig.
ConocoPhillips now converts the gas emissions into money is a very good idea. The gas flaring that was regarded as wasteful and a by-product is now harnessed to power the bitcoin mining farm . These is indeed one of the ways to apply recycling in cryptocurrency.
The gas emissions is passed into the generator that will inturn power the mining plant. This is a very good news in the cryptocurrency space .
Do you think that the development is a good move?
