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Cryptocurrency Mining Wastes Lots of Energy through 2023

fossil fuel plants are being revived for Bitcoin mining      web

webhttps://ohiorivervalleyinstitute.org/bitcoin-mining-breathes-life-into-zombie-coal-plants/
authorEric de Place
publicationOhio River Valley Institute
date2021-11-29

Excerpt: While bitcoin mining is decentralized and theoretically open to all-comes, in practice it requires expensive supercomputers that are hardly accessible in any kind of equitable way. In other words, the industry is consuming huge amount of energy to make a tiny number of participants extremely wealthy.

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