The Bitcoin Mining Monetary Chain Reaction – Bitcoints

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Published on June 10th, 2018 | by bitcoin

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The Bitcoin Mining Monetary Chain Reaction

The Bitcoin Mining Monetary Chain ReactionAs a handful of companies and countries ironically have a monopoly on the mining of Bitcoin, can it still be cost-effective to do?
What’s the economic ripple effect of Bitcoin mining?
Bitcoin Mining Contributes to the Local Economy
Dave Carlson is CEO of Giga Watt, a full-service mining solution provider based in the Pacific Northwest.
It Uses Sustainable Energy
Bitcoin mining has received a lot of negative press due to the high amount of power required and its impact on the environment.
It’s a Growing Space, but Planning for Growth Isn’t Easy
Bitcoin mining (and cryptocurrency mining in general) is a growing area.

Source: Digitalmoneytimes.com

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