Despite Market Turbulence, Crypto Miners Continue to Build

Written By

futurewithcrypto.com

CoinDesk visited bitcoin mines in two U.S. states over the course of the summer to observe how, despite the current crypto winter, the industry is still thriving.

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Due to the sharp decline in the price of the largest cryptocurrency in the world, bitcoin, miners have had a difficult few months.

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In the event that they are unsuccessful, American authorities and politicians should consider taking action to restrict or do away with the energy-intensive proof-of-work methods that bitcoin miners employ to power the Bitcoin network.

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Still, bitcoin miners are hard at work expanding their capacity.

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The machinery in the building are cooled by what appears to be air-conditioning equipment.

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Data centre design, as well as the technologies used in these facilities, such as cooling, is essentially what miners do.

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