Bitcoin mining and electricity

[Afony]

Now it is quite difficult to find free electricity for bitcoin mining and it is problematic to mine it now, of course large companies can engage in bitcoin mining.

[Noverteno]

Due to the current economic crisis caused by the coronavirus pandemic, further dramatic climate change and the consequences of Russia's war of conquest in Ukraine, the attitude of states towards the mining of cryptocurrencies using the PoW algorithm may change. The high energy consumption during the mining of such cryptocurrencies, and above all bitcoin, has long been pointed out by some high officials of states and organizations for the protection of the environment. A winter is approaching, which will be very difficult for European countries due to their reorientation from Russian energy resources to alternative ones. After all, their long-established supply chains have been disrupted, and their change causes certain difficulties. Therefore, bitcoin can quite realistically fall out of favor with states.

[F for Fish]

Due to my economic I won't consider the price of electricity to be a problem. The electricity fee in my country is quite cheaper than most and that's why I still earn pretty well from mining.

[Muneeb22]

Bitcoin mining is a very great decision but the mining needs the electricity if you are interested to start the mining then you need to install the solar panels and through that you need to start the mining but if you start the mining through electricity then you pay a huge amount of electricity bills and this time the solar panels are the best for the mining because its a one time investment and best for us because through this we can save our electricity.

[bayiajaib]

Bitcoin mining is a very great decision but the mining needs the electricity if you are interested to start the mining then you need to install the solar panels and through that you need to start the mining but if you start the mining through electricity then you pay a huge amount of electricity bills and this time the solar panels are the best for the mining because its a one time investment and best for us because through this we can save our electricity.

You're right, we must pay Hugh amount of electricity bill.
It's very expensive to do mining.
As a Little investor and trader, I just do trading and investing in top coins.
But didn't mining

[satpol_PP]

Bitcoin mining is good way to gain profit, but it's very expensive to do.
We should buy equipment and pay electricity cost.
I personally prefer in holding and trading

[KaliLinux]

Now it is quite difficult to find free electricity for bitcoin mining and it is problematic to mine it now, of course large companies can engage in bitcoin mining.

I don't know if there was ever free electricity for bitcoin mining even those using solar power need the first capital for that installation and subsequent maintenance. So mining is something that is needed for the Network but is quite expensive and only people and organizations with medium to deep pockets can engage in mining.   

[pieppiep]

Now it is quite difficult to find free electricity for bitcoin mining and it is problematic to mine it now, of course large companies can engage in bitcoin mining.

I don't know if there was ever free electricity for bitcoin mining even those using solar power need the first capital for that installation and subsequent maintenance. So mining is something that is needed for the Network but is quite expensive and only people and organizations with medium to deep pockets can engage in mining.

nothing is free to start Bitcoin mining it's just that there might be electricity at a very cheap price and it happens that several countries that are polar are also often used as places to mine bitcoin because with cold temperatures there is no need to buy high amounts of coolers, electricity that is need in the country of El Salvador is also cheap to do Bitcoin mining.