“Kazakhstan, which has previously experienced power shortages due to the influx of cryptocurrency miners, has started routinely cutting off their power supply and did so from Jan. 24 until the end of the month, according to a document published online by one of the local miners.”
Crypto does require a huge amount of electricity to mine. If it's the biggest country in the world for crypto mining and the infrastructure is that of a former Soviet country, crypto mining certainly could have such an effect.
I’m laughing at the irony of harvesting something to be used as a token for money but then ends up breaking the mechanism used to harvest it. I think this is what the libs are so concerned about. Sustainability
Yup.
https://www.msn.com/en-gb/news/world/power-blackout-hits-kazakhstan-kyrgyzstan-and-uzbekistan/ar-AAT7hJz
“Kazakhstan, which has previously experienced power shortages due to the influx of cryptocurrency miners, has started routinely cutting off their power supply and did so from Jan. 24 until the end of the month, according to a document published online by one of the local miners.”
This is from the article?
Can someone explain it?
Kek they’re blaming it on crypto hahahahah
Crypto does require a huge amount of electricity to mine. If it's the biggest country in the world for crypto mining and the infrastructure is that of a former Soviet country, crypto mining certainly could have such an effect.
I’m laughing at the irony of harvesting something to be used as a token for money but then ends up breaking the mechanism used to harvest it. I think this is what the libs are so concerned about. Sustainability