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Bitcoin mining booms in Texas

Summary by Ground News

Bitcoin miners consume about 2,100 megawatts of the state's power supplies. That power usage rose 75 per cent last year and was nearly triple that of the prior 12 months. New York this year imposed a ban on some cryptocurrency mining that runs on fossil fuel-generated power.

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USA: Bitcoin mining has boomed in the state of Texas

Cryptocurrency mining is a topic that several months ago marked technology news almost daily. However, this practice lost strength, especially after the use of the plates was stopped...

2 years ago·Portugal

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Channel News Asia

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Despite industry headwinds, Bitcoin mining booms in Texas

MCCAMEY, Texas : Cryptocurrency bankruptcies and worries over electric power consumption have failed to dent the industry's growth in Texas, according to a top trade group, citing the rise in the miners' power demands. Bitcoin miners consume about 2,100 megawatts of the state's power supplies, said Lee Br

2 years ago·Singapore

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Reuters

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Bitcoin mining booms in Texas

Cryptocurrency bankruptcies and worries over electric power consumption have failed to dent the industry's growth in Texas, according to a top trade group, citing the rise in the miners' power demands.

2 years ago·United Kingdom

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