Norway


The new dynamic in the litecoin offers a lesson in the emerging economics of the fast-growing cryptocurrency and blockchain industry, which relies on networks of computers to confirm and record transactions, using a combination of incentives. Key inputs include the speed and efficiency of the -mining computers, local electricity costs and even the ambient temperature; cold climes are considered ideal because less is needed to run cooling fans for the computers, which typically run 24 hours a day, seven days a week – that is, when it’s profitable to do so.  



Source link
thanks you RSS link
( https://www.coindesk.com/-mining-power--to--in-year-following--)

LEAVE A REPLY

Please enter your comment!
Please enter your name here