OT: Do you think Mississippi will be the last state to do something like this?
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Where do the raw materials come from and what do they do with the waste products of this mining.
If clean spark finds a power company/station with extra unused power in Mississippi I’m sure they’ll investigate it.
But why would Mississippi say no?
I can name a few reasons people might say no to this but they aren’t Mississippi reasons.
Also probably won’t find a ton of extra power here and that’s probably not a “Mississippi” reason either
I find it hilariously hypocritical of people that want to be proactive about climate change and want to do things to “stop” climate change but love everything about cryptocurrencies like bitcoin. The amount of resources like electricity required to mine bitcoin is quite staggering.
I know someone in Texas that mines bitcoin. He built a small building with rows of computers very similar to what this company is doing but on a much smaller scale. It has four AC units that run constantly to keep it cool.
I know someone in Texas that mines bitcoin. He built a small building with rows of computers very similar to what this company is doing but on a much smaller scale. It has four AC units that run constantly to keep it cool.
Hi DesotoCountyDawg, I invite you to learn about bitcoin's energy usage and its environmental impact. Here is a research-based article on the subject that I found helpful:
Bitcoin's Energy Usage Isn't a Problem. Here's Why.
Updated for 2023, this report is a deep dive on Bitcoin's energy usage and long-term scaling approach, with data tables and case studies.
www.lynalden.com
It’s a bunch of computers doing millions of computations that eventually result in making a part of bitcoin.
What is bitcoin mining? How does crypto mining work? | Fidelity
Crypto mining is how blockchain networks, like Bitcoin and other cryptocurrencies, finalize transactions and release new cryptocurrency. Here’s what you need to know.
www.fidelity.com
River Financial has some good educational resources, specifically about bitcoin mining:
Bitcoin-Mining | River Learn
River Learn offers educational resources to learn about Bitcoin basics, investing, technology, and more.
river.com
P.S. now is a good time to learn about bitcoin mining with the fourth bitcoin halving event coming in April.
I have no idea about the validity of this but found it interesting.Hi DesotoCountyDawg, I invite you to learn about bitcoin's energy usage and its environmental impact. Here is a research-based article on the subject that I found helpful:
Bitcoin's Energy Usage Isn't a Problem. Here's Why.
Updated for 2023, this report is a deep dive on Bitcoin's energy usage and long-term scaling approach, with data tables and case studies.
Powering Data Storage
This post is sponsored and authored by the Mississippi Energy Institute. ( The topic du jour is the announcement of multiple, big data ...
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