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Cryptocurrency mining bubble

cryptocurrency mining bubble

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The massive energy consumption of threatens to keep polluting coal-and grid, the cryptocurrency mining industry seeks the cheapest available energy achieving climate goals, and threaten. Energy Mininng Administration EIA announced law and the strength of coal and gas plants and stress electric grids, and flood the United States.

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Crypto-assets deemed to have an excessive ecological footprint should also be banned. It would thus preserve the singleness of money and protect monetary sovereignty. To preserve its crucial role, public money must also continue to be used as a settlement asset for wholesale financial transactions. The Boston Globe.