Evil Bloomberg says: "Meanwhile, the Bitcoin world is in a race against what’s known as ‘the halving’. In 2024 the algorithm is set to become twice as difficult. That means it will require twice the computing power to create a coin—and twice as much energy, taxing the Texas grid even further."

Evil Bloomberg says: "Meanwhile, the Bitcoin world is in a race against what’s known as ‘the halving’. In 2024 the algorithm is set to become twice as difficult. That means it will require twice the computing power to create a coin—and twice as much energy, taxing the Texas grid even further."

October 15, 2022

Link to article: https://www.bloomberg.com/news/features/2022-10-13/will-crypto-cowboys-crash-the-texas-power-grid

Submitted October 16, 2022 at 01:35AM by pravonijekrivo https://ift.tt/dgXiozQ

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