Tag: Solar Power

Will Mining Cryptocurrency in the Desert Using Solar Power Make You Rich?

Mining Bitcoin or any other cryptocurrency is not necessarily profitable. It all comes down to having good internet, cheap electricity, and a colder climate to keep hardware cool. In the hopes of maximizing profits, we see some very unusual mining operations pop up now and then. Few think to mine Bitcoin in a desert, but apparently it can work. Desert Mining and Solar Power is a Lucrative Mix Not everyone has …
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Solar Power Employs More People in Electricity Generation than Natural Gas, Oil, and Coal Combined

Solar power is becoming cheaper and more popular quickly. A report by the US Department of Energy suggests that solar power employs more people in electricity generation in the States than natural gas, oil, and coal combined. The installation of residential and business solar panels alone add heavily to this number before even considering the industrial sector. It is a bit baffling that the Trump administration has not outlined Solar’s …
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Is Renewable Energy The Future of Bitcoin Mining?

Bitcoin mining is often criticized for consuming far too much electricity, especially considering how high current prices are in most parts of the world. For many people, the electricity costs far outweigh any possible earnings from Bitcoin mining, unless they have access to cheaper electricity. The time has come for Bitcoin miners to take a closer look at renewable energy sources, as this seems to be the way forward as …
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