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Crypto Mining For Dummies | Tyler Bossetti

Wealthy Way

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How Much Energy Is Utilized for Fiot Currency?

Mining takes a ton of energy, and it could actually be very bad for the environment. As we scale int these major facilities, now we can start using geothermal,. We can start using all these other reneable energies to take that electricity cost from $100 per kilowatt-hour down to 5 or 10 dollars. That's sick. What is geo thermal energy? It's basically the a gases produced in a specific area. And if you're not levergine, liquid immersion, not using solar or geo therma, not using renewable energy sources to actually produce the electricity needed to mine, right? So that's where we actually have a huge opportunity to completely squash that

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