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Where is the future of Bitcoin mining?

Ever since mining Bitcoin became popular, the computational power required to mine it has increased. This means that it is requiring more energy and is, therefore, becoming less lucrative for miners. One way that miners are trying to maintain their profitability is by decreasing their energy costs. The added benefit of this is that it reduces the environmental cost as well.  Mining a single Bitcoin now consumes 20 barrels of oil. This is an astonishingly high amount, although, with the current value of Bitcoin standing at over $6,000, this equates to the value of around 100 barrels of oil. So,...

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Cheaper Graphic Cards on the Horizon for Mining

Graphic card giants Nvidia and AMD are believed to be aiming to sell a stripped-down crypto-specific graphics card. The demand led by Bitcoin miners has bolstered sales in recent years. Other graphic card manufacturers are also looking push their products specifically designed for mining. According to AMD is seeing an increase in demand due to mining and many US stores are sold out. Nvidia are also seeing shortages but as they are more expensive most opt for the cheaper AMD cards. Obviously, the gaming market remains the long term priority for graphic card manufacturers. So it does seem a sensible...

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