Over 75% Of Bitcoin Miners’ Earnings Going Into Soaring Electricity Costs ...Middle East

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Over 75% Of Bitcoin Miners’ Earnings Going Into Soaring Electricity Costs
source : Ommcom News ( Middle East ) () 8
New Delhi:  Bitcoin miners are spending more than 75 per cent of their earnings in soaring electricity costs, resulting in a significant carbon footprint which is damaging to our environment, a new report revealed on Tuesday. Bitcoin (BTC) mining is a very electricity-intensive process. A recent study has shown that a single Bitcoin transaction consumes […] The post Over 75% Of Bitcoin Miners’ Earnings Going Into Soaring Electricity Costs appeared first on Ommcom News.

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