One of BTC’s core features, its proof-of-work (PoW) consensus mechanism, is also every miner’s headache. New Delhi: Bitcoin miners are spending more than 75 per cent of their earnings in soaring electricity costs, resulting in a significant carbon footprint which is damaging to our environment, a new report revealed on Tuesday. Bitcoin (BTC) mining is […]
Solar PV Can Help Businesses Save At Least 25% in Electricity Cost, Says UOB
UOB Malaysia deputy chief executive officer Ng Wei Wei said:”Landed residential property households get to enjoy between 30 per cent and 50 per cent of monthly savings in electricity bills.” KUALA LUMPUR: A typical solar photovoltaic (PV) panel installation on commercial or industrial properties would help businesses to save potentially at least 25 per cent […]
