Ethereum Mining Fueled By Old Tires? – Latest News | Ethereum

Many of the cryptocurrency investors are looking for ways to profitably mine them. The demand for cryptocurrency mining has been increasing day by day. Also, more and more companies are coming up with innovative ways to mine cryptocurrencies. The latest to join the list are two different companies from the United States – Standard American Mining and PRTI, who are using old tires to generate the energy which is required for Ethereum mining. Even though with the number of miners increasing day by day, mining cryptocurrencies is not as profitable as it was in the past but still, there is a decent amount of money which can be made by mining cryptocurrencies as long as the cost of electricity is on the lower side.

The companies have joined hands to create a large-scale Ethereum mining operation by using old tires to generate the energy needed. The byproducts which are generated by burning the tires are used to fuel the turbines and generate the electricity which is needed in…

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