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75% of BTC mined in China. 53% of China's power is coal. Some fossil-fuel plants in the US are reopening specifically to serve BTC data centers. https://arste
by matchagaucho 5y ago
75% of BTC mined in China. 53% of China's power is coal.
Some fossil-fuel plants in the US are reopening specifically to serve BTC data centers.
https://arstechnica.com/tech-policy/2021/05/private-equity-firm-revives-zombie-fossil-fuel-power-plant-to-mine-bitcoin/ https://arstechnica.com/tech-policy/2021/05/private-equity-f...
- DonHopkins 5y agoBitcoin is China's way of exporting coal through the atmosphere.