Report: It’s Much Cheaper to Mine Gold Than It Is to Mine BTC


Source: bitcoinethereumnews.com bitcoinethereumnews.com

Key Topics in this News Article:

News Snapshot:

According to a new report, mining for gold is a lot less expensive than mining for bitcoin. Mining for Gold Is More Economical Over the past several months, as bitcoin has exploded in price (it’s currently trading for well over $58,000 per unit), several environmentalists and crypto bashers have taken to arguing that the mining process behind cryptocurrency and bitcoin is dangerous for the planet. They’re convinced that the ongoing extraction of new coins is going to leave some serious impacts on the world – impacts that cannot potentially be reversed in the future. This new report details the situation...