Today news
About the same in other media
This ‘unbelievable’ factor could change Bitcoin mining in Texas
Reading now: 782
For months, the crypto sector has been tracking regulatory movements in both China and America as though following a match. However, it seems the eyes of crypto watchers are settling on the West. Why? According to the Cambridge Bitcoin Electricity Consumption Index, America’s share of the average monthly hashrate spiked from 4.06% in September 2019 to 35.40% in August 2021.
During an episode of The Pomp Podcast, investment expert Anthony Pompliano spoke to CoinMetrics co-founder Nic Carter about Bitcoin mining in America, Texas, and the burning question of renewable energy.
Renewable energy has a strong potential for growth in the Lone Star state. Carter said,
“The Texas grid, I think it’s around 80 gigawatts – Ercot – and you’re looking at,
Read more on ambcrypto.comAbout this in other media
Here’s Why Bitcoin Miners Should Pay Attention to COP26 cryptonews.com /3 years ago
Argo Blockchain mines record 597 BTC during Q3 2021 cointelegraph.com /3 years ago
Genesis Digital Assets announces new data center in Texas cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
