What Does The Future Hold For Bitcoin Mining?

Hi RSK Community!

If you are interested in getting an insight about the future of Bitcoin Mining, then read this article, where Adrian Eidelman, Co-founder of smart contract platform and bitcoin sidechain RSK’s quote were cited.

The article addressed the following topics:

  • Bitcoin Mining: The Origin Story
  • The Proof-of-Work PR War
  • Eco-Friendly Evolution
  • Looking to the Future

It will be interesting to get your feedback from this article, happy reading…

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Key quotes:

“Bitcoin mining will become an asset strategy of many countries in the future, and those opposing it will only be sacrificing their own prosperity by reducing innovation as well as jobs and wealth creation,” predicts RSK’s Adrian Eidelman.

Adrian Eidelman, Co-founder of smart contract platform and bitcoin sidechain RSK says, “The primary running costs for bitcoin miners is energy consumption, and they therefore have a clear incentive to find and maintain cheap sources, which are often renewable. Larger bitcoin mining farms are often located in remote locations, close to these energy sources, and take advantage of low energy costs that would either go to waste or be impossible to transfer to large cities.”

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