Why the UK Can’t Mine Bitcoin With Excess Energy
By Mark Hunter10 hours agoWed Dec 04 2024 08:55:24
Checking out Time: 2 minutes
The UK federal government is set to pay energy providers ₤ 1 billion to avoid them from running wind farms
This has caused the concern: why can't they mine bitcoins?
The response is both technical and regulative
It was exposed the other day that the UK is producing a lot electrical power that the federal government is set to pay manufacturers a record ₤ 1 billion ($1.26 billion) in 2024 to switch off wind farms. With a lot electrical energy and cash being lost, the concern has been asked: why can't they utilize it to...