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Worth noting that the vast majority of bitcoin is mined from hydroelectric power. Ironically for the ether pumpers on this thread, the primary crypto currency

• TheSpiceIsLife 9y ago
  Do you have numbers to support this. Because, as they say in the industry: if all we have is opinions, let's go with mine.
  • grondilu 9y ago
    It has to be, otherwise there is an arbitrage opportunity : hydroelectric power is the cheapest there is.
    • TheSpiceIsLife 9y ago
      Well, I hadn't really looked in to it before, but a bit of a search proves your both right. Forbes says "The largest share of the miners are located in China, close to the border with Tibet where cheap hydropower is relatively abundant."[1] 1.https://www.forbes.com/sites/peterdetwiler/2016/07/21/mining-bitcoins-is-a-surprisingly-energy-intensive-endeavor/#126becdd5bbf https://www.forbes.com/sites/peterdetwiler/2016/07/21/mining...