Bitcoin mining in the 21st century: A new era

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john69Full Member
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#1Jun 9, 2020, 03:54 PM
I used to freak out about losing my investment and doubted the whole bitcoin thing going global. But after doing some reading, I realized how deep and legit a lot of these projects are. I stumbled upon this mining operation in Pennsylvania, which is nuclear-powered, and it seems like bitcoin really might take over the banking system, giant financial entities, and government jobs. Bitcoin in this century is gonna open up a ton of opportunities and bring real financial freedom. So, there’s this partnership with Cumulus Coin, LLC. that has set up the first nuclear-powered Bitcoin mine in Pennsylvania. Terawulf just announced that about half of its nuclear-powered Nautilus Cryptomine is now live. This mining facility gets all its power from the 2.5 GW Susquehanna nuclear power station in Pennsylvania. Once fully operational, it will feature 50 MW and 1.9 EH/s, with Terawulf even having the chance to boost their bitcoin mining capacity by another 50 MW in the future, according to a press release. Pretty wild developments, right? And there’s more bitcoin projects are popping up all over the world. Over 50 million Americans own bitcoin, and El Salvador just made it legal tender. This is huge. Honestly, this source is really encouraging! Check it out.
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#2Jun 9, 2020, 08:49 PM
Interesting article.What does it mean that it will have a mining pool? His 16,000 of TeraWulf’s owned miners will sell power for mining, as the article says lowest price in the industry, $0.02/kWh for a five-year period.This is good news and new sources for mining bitcoins which seem to be inexhaustible.It will be interesting to watch the market in that moment.
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