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    Can Crypto Mining

    Sep 03, 2022 4 minutes
    by Baba Nadeem

    The cryptocurrency economy is expanding quickly, putting new demands on the electricity grids. However, crypto mining also presents exciting chances for energy businesses to generate new revenue streams, enhance demand response, and potentially hasten the growth of the long-term renewable resource base.

    There is little doubt that the cryptocurrency industry will continue to exist. It brings with it a number of intriguing new sectors that investment funds, private businesses, and public agencies might investigate. Bitcoin mining is one such method.

    The total yearly power usage of Bitcoin, is 145 TWh, or roughly 0.32 percent of the total amount of energy consumed worldwide.

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