Cryptocurrency mining farms are using a lot of electricity.
There’s one of these in my small town (paducah ky) I see the workers out in parking lot quite a bit....they look like all Chinese. The scary thing is that they’re located near a major substaiton which makes me nervous as far sabotage goes.
Yeh, Iceland is a good spot for them; plenty of thermal power, water, cold temp.
One set up shop in a small coastal Alaska town with a power plant once used for the cannery. He occupied that building and is happy to use the hydro power.
Cryptocurrency mining farms are using a lot of electricity.
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I knew that..... but don’t understand how all that works. If you have a link with a good explanation for the layperson, it would be appreciated.