The NYT did a really nice job of documenting the electrical usage of bitcoin miners and putting that into easily understandable terms. Also documents some of the fucked up stuff bitcoin miners have negotiated with power companies like having to pay them to turn off during the texas grids struggles two years ago.
Date
2023-3-10
Description
The NYT did a really nice job of documenting the electrical usage of bitcoin miners and putting that into easily understandable terms. Also documents some of the fucked up stuff bitcoin miners have negotiated with power companies like having to pay them to turn off during the texas grids struggles two years ago.
Maybe more of a essay than news
Links
https://www.nytimes.com/2023/04/09/business/bitcoin-mining-electricity-pollution.html
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