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When a coal mine went down in China a year ago because of flooding, the global Bitcoin hashrate visibly dropped by about a third. This is maybe the only insight
by Jasper_ 5y ago
When a coal mine went down in China a year ago because of flooding, the global Bitcoin hashrate visibly dropped by about a third. This is maybe the only insight we have into the energy sources used by Bitcoin, and it's not a good look.
https://decrypt.co/68591/flooded-coal-mine-highlights-chinese-bitcoin-miners-reliance-on-dirty-power https://decrypt.co/68591/flooded-coal-mine-highlights-chines...
- vmception 5y agoThat article is still mixing terms, and is not the only insight. It mentions the cambridge study check them out. Even my example is saying fossil fuels would be used and reduce the environmental impact of those existing fossil fuel plants Reaching that goal is not as simple as renewable vs fossil fuel.