Help me to talk about BCH In the biggest crypto event in Brazil - fundraising

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Bitcoin Mining's Carbon Footprint Higher than Argentina and Norway: Cambridge University Apart from the fact that Bitcoin prices are doing all-time-high, the energy used to harvest it is also soaring high. According to an analysis published by the Cambridge University, the annual carbon footprint of mining Bitcoin is equivalent to or more than the countries like Argentina and Norway.

The Energy Required in Bitcoin Mining Mining crypto is an energy-intensive process. It uses leading-edge electrical hardware to solve complicated mathematical algorithms that verify transactions. The whole process results in a reward of Bitcoin. The more technically sound hardware is the probability to solve algorithms increases, resulting in faster Bitcoin extraction.

According to the report, as a new mining network added to the network, it leads to an increase in the overall electricity consumption by the hardware. Bitcoin mining consumes approximately 129.09 terawatt-hours (TWh) per year. The difficulty of mining measures the process of cryptocurrency mining. In essence, the difficulty of mining a block never remains the same. Higher difficulty means the increase in difficulty to find the hash of the block. According to the report:

“Rising bitcoin prices make mining more attractive, as the potential reward increases in value. As a result, new mining hardware will get added to the network and lead to increased electricity consumption overall.”

Mechanics of Crypto-Mining The difficulty of mining BTC is always in proportion with the competition that participates in BTC mining. More Bitcoin mined implies more energy consumption. With the increase in machines miners operate, the chances of finding the solution to the puzzle also increase. With the increase in no. of machines, more electricity is needed to operate and cool the hardware resulting in higher carbon production. The report says,

“The more machines a miner operates, the more likely he is to find the solution to the puzzle. However, more machines also mean that more electricity is needed to run and cool the equipment, which in turn results in higher costs for the miner in question,”

1st of all I would congratulate you for reaching the budget you need. I hope you will describe very clearly the points of your thoughts in Bitcoin cash. Let's make a move to gather more people in the stronghold

I am sure they will support you in this, if they read your article sir.. I can't give you money because I am just a small earner here I just hope you will succeed on that event 😊

So keep it up

@rogerver @telesfor and @noise can help you to discuss about BCH

Talk to sir @koush, he helps you about that.

Can't afford to get you all $400, but I put in $50 here on read.cash and hope others will follow though. Do you know if there will be video/audio recordings of the event?

Bch ✌

I wish you a good luck into this project/events sir. Spread how good #BCH is. @koush @Omar @MarcDeMensel hopefullyy this good guy can help you. 😘😘😘

Keep it up...

Everyone, amazing support, I got 71$ so far, I won't disappoint, I'm actively talking with the organizer, waiting just for the time confirmation but is already confirmed to make the speech, and Meetup.

Hey dear, keep it up.

bch

Seriously.

Look for the great advisor

Nice one!!

Hi I'm new here, and I read this article, I can't give some amount now but I can give you a moral support. I wish you good luck for the event , I hope you can get the amount the you needy for that event. Good luck.

Keep up the good work.

wow

Hi I am full support by saying congratulations and good Lock.

Newbie here also, can't give some amount but I wish you good luck and support in all your endeavor..Soar High BCH

hellow I am newbie here. Wow so many tip you receive. I read your articles but I am so very sorry I have no money to donate. huhu. Anyways good luck to your fundraising and upcomming event. i wish you hit the success.

Wish you a Goodluck! Keep supporting the BCH

Thank you, Nice job.

nice one

Great job

Wish you a goodluck.! There are a lot kind and generous peole here in read cash. May god bless you project. Hope it will become successful.

I am also among the newbies, I personally would have love to help, I just wish you best of luck on this journey, I personally appropriate your concern about Bitcon cash buddy keep it up

I know you they will support you on this project sir.. I wish you a good luck on your project sir

Great idea there..

keep up the good work 😍

This is a good support to the BCH community.

All the best of luck

All I can do is wish you success

Thankyou for sharing your article

@woosaiy thank you so much for the big tip. For now and on all tips will be used to get something cool to distribute in the meetup, stickers, flyers, something nice.

Thanks for share your article.❤️

All the best. You can really do well.

but it went well for you to go to the bicoinf in Brazil, so it seems that you can cover your living expenses in the congress, so I suppose that you will inform us by this same way your experience in the congress, and batteries with the covic 19 that in Brazil is strong strong.

I would congratulate you for reaching the budget you need. I hope you will describe very clearly the points of your thoughts in Bitcoin cash. Let's make a move to gather more people in the stronghold

How will they do such an event, with the quarantine decrees, ??? Brazil is one of the most affected countries in the world

Cool.

Cool

Hoping for your plans to succeed.

All the best

Cool

Cool

Cool

I am praying for your success sir.God bless you always.😇

God bless you ❤️

Keep sharing

Nice one bro👍👍👍👍

I watched, on my youtube but still not my own channel, a video presenting some documentary about job online on your language, but we can't understand. Maybe if there is a subtitle below, we can understand what is the talking.