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Energy use in Kuwaiti city fell over 50% after crack down on crypto mining

8 点作者 gnabgib12 天前

1 comment

RetroTechie12 天前
Recurring pattern: miners flood some place that has cheap electricity.<p>At first, they&#x27;re welcome for the $$ they bring, high tech business, build-out of local infrastructure &amp; whatnot.<p>Then, power grid problems, locals get angry, there&#x27;s a crackdown &amp; the miners move elsewhere. Rinse &amp; repeat.<p>Next stop: Ethiopia?<p>Edit: the simple fact that there&#x27;s a growing list of places&#x2F;countries where crypto miners aren&#x27;t welcome any more, should tell you something about the nature of this business.