Explainer: Cryptocurrency mining - A glimpse at Bitcoin

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Cryptocurrency mining operations in Inner Mongolia will no longer be welcome after April because the energy bill in the Chinese region is running high. Inner Mongolia is a magnet for mining farms thanks to its cheap electricity that fuels their specially-designed computers day and night. These energy-hungry machines are built for one purpose and one purpose only: to mine virtual money. If this sounds gibberish to you, keep watching as we decode this cryptic activity.

For more:
https://news.cgtn.com/news/2021-03-29/Explainer-Cryptocurrency-mining-A-glimpse-at-Bitcoin--Z1JE2JDy3C/index.html

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Bitcoin Mining
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