Bitcoin Mining Environmental Coverage

Bitcoin Mining Environmental Coverage

The bitcoin mining process requires a lot of computer power. That power comes from electricity. A lot of electricity. In fact, each bitcoin transaction takes about as much energy as powering up an entire American household for one day. And the environmental impact of all that power consumption is huge. Bitcoin mines are typically located in countries with cheap electricity, like China and Venezuela.

But even in those countries, the environmental impact is significant. The good news is there is a way to offset the cost for the environmental impact of bitcoin mining. That is of course environmental coverage. Say that you cause a power outage in the area taking away from other electricity dependent organizations and you possibly get fined or sued. Our policies cover the cost so you can rest easy, and focus on mining.

Contact us today  to get coveraged or for more information!