[ad_1] Southern Copper Corporation (SCCO): As it took a brief look at profitability, the company profit margin was 13.20%, and the operating margin was noted at 42.50%. The company maintained a gross margin of 53.60%. The corporate ownership of the company is 8.00% while the Insiders property is 89.37%. The …
Read More »The energy cost of bitcoin 'mining & # 39; it is more than twice that of copper or gold Technology
[ad_1] The amount of energy required to "extract" the value of a dollar of bitcoins is more than twice that required to extract the same value of copper, gold or platinum, according to a new document, suggesting that the virtual work that supports bitcoin, ethereum and similar projects are more …
Read More »The energy cost of mining gold, copper is lower than the mining cost of bitcoin
[ad_1] The energy cost of mining gold, copper is lower than the mining cost of bitcoin November 8, 2018 November 8, 2018 Kelly Cromley http: // 1AZFjzw2 # Nwf63pYaMWq # XIY A high school student who came from a small town in India on Monday 5 November threatened to blow …
Read More »The dollar for the dollar, fabricating cryptocurrency sucks up more energy & # 39; with respect to the extraction of gold, copper, etc. • The register
[ad_1] Cryptocurrencies require much, if not more, energy to extract precious metals like copper, gold or platinum, according to some more recent calculations. The figures were noted by Max Krause, a researcher at the Oak Ridge Institute for Science and Education, and Thabet Toloymat, an environmental engineer who works in …
Read More »The mining bitcoin uses more energy than needed to dig gold, platinum or copper: study
[ad_1] Extracting a cryptocurrency value of one dollar as bitcoins from the deep Web consumes three times more energy than digging a gold dollar, according to the researchers. Now there are hundreds of virtual currencies and an unknown number of server farms all over the world that run all day …
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