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If it's true that Bitcoin mining is concentrated in these regions with cheap coal-fired electricity, there does seem to be a fairly direct linkage from coal-min
by caf 6y ago
If it's true that Bitcoin mining is concentrated in these regions with cheap coal-fired electricity, there does seem to be a fairly direct linkage from coal-mining to coal-fired power plants to Bitcoin miners without too much of a reach.
If Bitcoin mining is using 0.5% of the world's electricity output (a frankly astonishing number) and mining is concentrated in Xinjiang, then what percentage of Xinjiang's electricity usage is going to mining?