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Big warehouses filled with whirring computers. Air conditioners set at extremely cold temperatures to control the heat generated by the machines. Fans gusting out wind to cool down computers. This is how cryptocurrency mining looks today and it is often energy inefficient and bad for the environment.
That is now changing thanks to innovative new companies like Swiss Alps Mining and Energy (SAE). Many buildings are left vacant and SAE takes advantage of unused space to set up crypto mining operations in these structures. Customers who have chalets or vacation homes that they don’t use for much of the year can lend out their space to innovative companies such as SAE.
SAE will help arrange spaces like these for miners to use for cryptocurrency mining and provide equipment to get the mining operation started. However, even with all the equipment and space set up in the Swiss Alps, miners are still vexed with an intractable question: which cryptocurrency to mine?
Only a few years ago, Bitcoin was the only game in town. In the past couple years there has been a Permian explosion of new mining options to choose from. No longer is the choice automatically Bitcoin, but it could be Ethereum, Litecoin, BCash, Monero and many others. Faced with myriad choices, miners need to look at which coin offers the best return and strongest potential profit.