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Impacts of Bitcoin Mining in Kentucky

Posted By ivanpw 907 days ago on Business

https://www.smbceo.com - The post Impacts of Bitcoin Mining in Kentucky appeared first on SMALL BUSINESS CEO.
Bitcoin mining is an energy-intensive process that requires specialized hardware and software. The Kentucky coal industry has been hard hit in recent years, and some have turned to bitcoin mining as a way to make ends meet. You can also explore Tesla Coin to know how it is suitable for you.

Bitcoins are created through a process called “mining.” Miners solve complex mathematical problems in order to verify transactions and add new blocks to the blockchain, the public ledger of all bitcoin transactions. In return for their work, miners are rewarded with newly minted bitcoins.
The problem is that the amount of energy required to mine bitcoins has been steadily increasing.…

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