According to Investopedia As per Investopedia when this post was published,, the total was 18.77 million Bitcoins have been extracted across the world. This is a huge quantity of Bitcoins and with it, more power. In reality, Bitcoin mining uses around 91 trillion watts of power per year. This is over a third the power used by cooling homes throughout in the U.S. annually.
It shouldn't be an unsurprising fact that Bitcoin mining could have negative environmental impacts. Indeed, Elon Musk himself has stated on Twitter: "We are concerned over the rapid growth of fossil fuels for Bitcoin mining". Since the announcement, many have wondered whether solar-powered Bitcoin mining could offer a better alternative to traditional mining, that relies upon grid energy to produce electricity.
The number of solar panels needed to create Bitcoin is anywhere between 30 and 50 panels, however it's all dependent on the region you live in as well as the amount of power the mining equipment uses. The majority of mining equipment consumes about 3000 watts, and consumes on average 72 kWh per day.
In this post we will try to explain how bitcoin mining powered by solar energy works to assist you make use of solar energy to offset carbon emissions and save on your expenses.
Read More... https://mysolarperks.com/solar-bitcoin-mining
|