(Consider This) Bitcoin mining operations tend to maximize proﬁts by
A) paying their labor minimum wage.
B) using super computers.
C) using low-cost electricity.
D) operating in areas with little regulation.

Question

Quizplus · Accepted Answer

Bitcoin mining operations require a significant amount of electricity to power the super computers used to solve complex mathematical algorithms. Therefore, in order to maximize profits, they tend to locate themselves in areas with low-cost electricity.

(Consider This) Bitcoin Mining Operations Tend to Maximize Proﬁts by