Bitcoin mining is developing really fast and is giving opportunities to Navajo Nation to be a part of this growth. Navajo Nation is a leader in bitcoin mining.While Texas and Wyoming have been in the limelight after the Bitcoin mining ban in China, the basis for Bitcoin mining already lies in the American Southwest. It’s also a good coincidence: Bitcoin mining has fueled the healthy economic growth that the Four Corners region has desperately needed for generations. In 2017, West Block, a Calgary, Alberta company, turned to Navajo to build a mining center on Navajo land. Earlier in the year, the Canadian company began expanding its mine to double its size to 15 megawatts (MW). With energy from the surrounding area, the mine can spit out about 400 bitcoins per year (depending on network conditions).However, it is petty to think of bitcoin as the only way out of mine. Mining creates prospects for multiple avenues for social growth, including financial access and energy consumption, which
We współpracy z: https://tokeneo.com/why-shouldn-t-navajos-dig-for-bitcoins/
