Like EVs, Bitcoin is a fully electrified, so they have no direct emissions
Like EVs, Bitcoin has indirect emissions from electricity was generated using fossil fuels
TL; DR: Bitcoin uses significantly more sustainable energy, and significantly less fossil fuel
📈 Q1 2022 Financial Results
#Bitfarms will report its first quarter 2022 Financial Results today before the market opens.
Management will host a conference call at 11:00 a.m. ET to review the financial results
The first April #BTC mining update has been released by @Bitfarms_io hash
405 #BTC mined in month producing $15.6m in revenues
Increased hash rate from 2.7EH/s to 3.3 EH/s
Hodl total increased to 5,646 #BTC equivalent to $217m
The standard has been set!
Another great update 🚀
💎 13.5 BTC mined daily on average in April, equivalent to about US$520,000 per day and approximately US$15.6 million for the month based on a BTC price of US$38,500 on April 30, 2022.
🚀 $BITF #BTC#BitcoinMining#Blockchain#NasdaqListed
Already one of the largest #bitcoin miners, @RiotBlockchain is about to get even bigger with its plans to develop 1 gigawatt of mining capacity in Texas. $RIOT
@Aoyon_A reports
https://t.co/qdnNAsntoA
Incredibly proud to announce Riot's new expansion. We are taking the model we developed at our Whinstone facility, and doing it all over again in Navarro County, TX. This ambitious growth plan is testament of our commitment to being a leading Bitcoin mining platform.