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Is Bitcoin Mining Dangerous

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Causing irreversible damage to your hardware. So what is bitcoin. Conceptual Image Of A An Entrance To An Old Mine Tunnel With Keep Out And Danger Signs Stock Photo 46912153 Coal Mining Bitcoin Mining Mining According to a recent report by CNBC the amount of carbon footprint produced by bitcoin mining every year is 3695 megatons which are already equivalent to that of New Zealand. Is bitcoin mining dangerous . Bitcoins dramatic rise in value in 2017 captured the medias attention but the currency isnt always safe from hackers or even a failed hard drive. Consumer Reports looks at whether bitcoin is. The main risk of mining Bitcoin is that your income wont be able to cover your expenses. If Bitcoin collapses all of the equipment will become largely useless and miners will still have to pay down their electricity bills. First bitcoin is itself a highly volatile and dangerous investment. Bitcoin struggles to regain ground after plunging on China crackdown - Reuters. I

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