Shadow

Day: May 28, 2021

Mining Machine for Heating—New Usage Found for the Apocalypse Miners

Mining Machine for Heating—New Usage Found for the Apocalypse Miners

Press Release
Blockchain technology has come to the central stage of the digital economy, introducing us to a better version of our society—in spite of one thing that keeps it at the center of controversy; and that is the waste of energy and computing power caused by PoW mining. Based on research, 70% of the world’s total computing power is consumed for mining cryptos, which is million times what Google utilizes. While mining energy consumption also takes up 0.5% of the world’s total, relatively in excess of the combined usage of many countries. The challenge nowadays is the fact that mining does not create any real value for society in a more conventional sense, and is thus perceived by many as a definite waste. With this opportunity, Matrix will take the “More Public Benefits” approach as one o...