Cryptocurrencies: 2682 / Markets: 20561 Market Cap: 24h Vol:
2019-11-12 16:41:34

Georgian crypto miners power consumption 10 pc national total

Electricity theft is one thing, but Georgian crypto miners power consumption has reached as high as 10 percent of the total electricity consumption in the country. As the industry of crypto mining is flourishing, GCrypto miners all around the world are being sought out a lot more nowadays. Moreover, the world’s leading producer of the mining hardware Bitmain has inaugurated it (as they say) ‘World’s Largest’ farm for crypto mining. The farm is spread over a 33,000-acre facility and has the capacity to hold about 300 Megawatts in total. As the mining of cryptocurrencies involves a huge amount of computational

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