News Cheap Energy, Privacy Rights Could Bring China's Outcast Bitcoin Miners to the US

[Admin]

Bitcoin mining operations forced out of China might be drawn to the U.S. by its cheap energy and privacy rights.

Cheap Energy, Privacy Rights Could Bring China's Outcast Bitcoin Miners to the US : Read more

 

[gggplaya]

I figure Greenland is the best candidate for crypto mining operations from a strictly business standpoint. It's like 1c per kwh and renewable geothermal.

But the U.S. has cities with large asian communities so they could conduct business here and still feel at home.

 

[bigdragon]

Time to test the Biden administration's commitment to environmental action. Crypto mining is about to gobble up even more energy that could be better spent on charging EVs or keeping places -- specifically Texas -- from getting too cold or hot.