If you have technical experience and abilities, then you’ll be interested in reading this blog post on the mining power for Bitcoin and cryptocurrency. This isn’t about the invention of Bitcoin, but rather it goes back to using computer energy to mine Bitcoin and other forms of cryptocurrency.
Data
centers need more room, and that is not a surprise, but what does Dell
plan to do with leftover space they have in their data centers? They
intend to use this space to mine Bitcoin.
Excess capacity is
usually something small business owners want to trim, but because Dell
is a service provider they see the potential in sharing this space for
Bitcoin mining servers.
What does this say about the future of cryptocurrency?
Why Dell is Providing Mining Power for Bitcoin and Cryptocurrency
Dell didn’t automatically offer the space, but a deal was struck with a Seattle-based provider of colocation
space. This means that the space is dedicated to servers. Dell began
accepting Bitcoin as payment for products they offer in June, but now
they have the chance to offer server space to those wishing to mine
Bitcoin.
The cryptocurrency mining network is unique because it
requires a certain degree of energy to mine these coins. This has become
a new field of interest as the cryptocurrency market grows. These
mining rigs are becoming a big deal. This is an indicator that:
- Cryptocurrency is gaining steam
- Cryptocurrency is creating jobs
This
is big news for a market that is still relatively new and under harsh
criticism. Sure, every market has its skeptics, but the ability to
produce currency that cannot be printed or governed is a sore spot when
it comes to the election year.
Data center providers don’t always
reach out to offer mining rig space, but it’s definitely a market worth
exploring if they want to keep their business growing. Bitcoin actually
has its own data center, but it’s nearly full. That is a tell-tale sign
that things are changing, and the market you have a passion for at GCR
is growing.
Isn’t job growth a sign of sustainability? We still
cannot predict that it is, but if you look at what is happening around
the world it always points to cryptocurrency being a wise investment. Is
Dell going to earn into the billions because they chose to start
offering mining power for Bitcoin and cryptocurrency?
What Mining Power for Bitcoin and Cryptocurrency Mean for GCR
You
can gawk at Dell all day long and we respect their business, however we
know that the energy it takes to mine cryptocurrency is brutal on
hardware. This is why we took great care in developing our one-click
cloud mining service.
GCR wanted it to be easy to start and
maintain, and you can mine from any PC at any time. Dell offered these
short-term contracts to store mining rigs, but what happens when this
space runs out?
If the market in cryptocurrency continues to grow
fast, the servers at the Quincy location may not be enough. Aren’t you
glad you don’t have to rely on Dell or he use of more hardware and
another computer?
You can put aside all of the complications with mining power for Bitcoin and cryptocurrency when you join GCR and use the one-click cloud mining service!
See More:
Check out this video to learn more about the future of crypto currencies!:
https://www.cryptocoinsnews.com/2016-will-be-the-year-of-bitcoin-2-0/
