What Is Crypto Mining? Overview, Benefits, & Risks

Bitcoin mining consumes about 176 terawatt-hours of electricity each year, more than most countries, according to the Cambridge Bitcoin Electricity Consumption Index. You’d need 9 years’ worth of the typical U.S. household’s electricity to mine just one bitcoin as of August 2021. To improve the return on investment (ROI), mining companies and individuals often need […]

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