The use of renewable energy is becoming an excellent option from undermine bitcoin

Hello how are you? The Digital Currency company, is among the largest companies in the world when it comes to Bitcoin mining and recently opened a mining center in the state of Texas using renewable energy so to speak, so I read in the news that can be See here.

^{Image taken freely from Pixabay}

The objective of this company is to use the surplus of the electric center, that is, it uses the energy that is being left over so that it maintains stability, so to speak, using the electric surplus, the use of mining would not be affecting the electrical service for others Users.

Using renewable energy becomes very common when it comes to mining of Bitcoin or Erhereum, this makes mining more economical, I will put an anecdote when I was in Bogotá (Colombia) A friend Buy an antminer S9 of 14 TH/S which undermined around $ 1.22, if we calculate how much mine in a month would be approximately 36 monthly.

At that time the price of dollar in Colombia was around 3.2K, which meant that my friend had a profitability of 115,200 Colombian weight that is equivalent to $ 36, but the small inconvenience is that the electricity receipt arrived in 240 thousand Colombian pesos that is a total in US dollars of $ 75 having a loss of -39 $.

^{Image taken freely from Pixabay}

My friend immediately turns off its machine and I place it for sale there is part of the world where Bitcoin mining is very expensive and its mining is not profitable, in Venezuela, electricity consumption is totally free for the common citizen, the companies are the one they pay Electric service but is subsidized by the National Government.

As in other part of the world, electricity its cost is very high to use renewable energy, it would be the best option and if the large company decide to invest in the creation of their own electric generators, millions would be saved in the payment of service.

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Hello! My name is Ruzmayra Suárez, I am from Venezuela, I am 27 years old. I always have the desire to improve as a writer to bring quality content to everyone. I hope you enjoyed my post. I invite you to follow me on my social networks and on steemit. I will do my best to post every day to share my content with you. Do not forget to support me and leave your comments, I would really appreciate it.

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