Abdumalik Mirakhmedov

Blog Info Bitcoin Magazine
Blog Info CryptoSlate
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Blog website Link
Stats Has written 4 posts about cryptocurrency

Nov 13 2021

6 sources of renewable energy that will power the future of Bitcoin mining

Nov 13 2021 Published at CryptoSlate under tags  guest post mining

Yes, Bitcoin mining does consume a lot of energy — about 110 terawatt hours per year, the energy equivalent of a small country. Considering that a single Bitcoin mining farm might be running hundreds or thousands of mining rigs (roughly the equivalent of running a space heater) all day, every day, it’s easy to see how that much...

Oct 16 2021

Op-Ed: Here’s how Bitcoin mining accelerates clean energy adoption

Oct 16 2021 Published at CryptoSlate under tags  btcusd guest post mining

Bitcoin mining and its impact on the environment has been in the news recently, as Elon Musk tweeted his concern about the amount of its fossil fuel usage, and withdrawing his support of the cryptocurrency. But is he correct about the current situation of mining energy consumption? Are all Bitcoin mining facilities destroying the planet at a rapid rate? Or is there more...

Aug 21 2021

How Bitcoin Mining Has Evolved To Take Us To The Moon

Aug 21 2021 Published at Bitcoin Magazine under tags  asic culture miners mining

The industry is poised for immense growth as Bitcoin adoption begins to pick up speed.Bitcoin hasn't even gotten to its teenage years yet. When Satoshi published his white paper in October 2008 detailing the creation of a new monetary system, no one knew that in less than 13 years bitcoin would rise to a market cap of $850 billion. It would...

Jul 13 2021

How to build a profitable industrial-scale Bitcoin mining operation

Jul 13 2021 Published at CryptoSlate under tags  btcusd guest post mining

So you want to build an industrial-scale Bitcoin mining farm, or scale up a smaller operation. Chances are you're being forced to make the decision, too: Either scale up and become more competitive with other mining operations or have someone else mine for you by outsourcing or pooling — or stop mining altogether. Over the past decade, Bitcoin mining has evolved dramatically. Anyone...

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