WHAT IS MINING
Mining is the process that Bitcoin and several other cryptocurrencies use to generate new coins and verify new transactions. It involves vast, decentralized networks of computers around the world that verify and secure blockchains – the virtual ledgers that document cryptocurrency transactions. In return for contributing their processing power, computers on the network are rewarded with new coins. It’s a virtuous circle: the miners maintain and secure the blockchain, the blockchain awards the coins, the coins provide an incentive for the miners to maintain the blockchain.
CRYPTO MINING PROCESS
Dairy farms use more energy now than they have in the past because farms are larger, they use more automated equipment, and they operate around the clock. Dairy farms in the US typically consume 800 to 1,200 kilowatt-hours ( kWh ) per cow annually