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Bitcoin’s Need For Electricity Is Its ‘Achilles Heel’

Bitcoin’s Need For Electricity Is Its ‘Achilles Heel’

6 years ago
Anonymous $CLwNLde341

https://medium.com/forbes/bitcoins-need-for-electricity-is-its-achilles-heel-ac8e11ac784e

Bitcoin’s advocates claim that it is immune from government control. “It can’t be shut down,” they say. This might have been true in the early days, when Bitcoin could be mined on an ordinary laptop. But in these days of giant mining farms, Bitcoin desperately needs abundant cheap electricity supplies. Without access to abundant electricity, Bitcoin…

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