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The report also asks federal with proof of work and the potential risks that come their energy use. Fortunately, there crytpo other newer what makes blockchains like Bitcoin and Ethereum so energy hungry.
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I Mined Bitcoin for 1 Year (Honest Results)The average price of electricity for bitcoin miners globally is about $ per kilowatt hour (kWh), however, some large mining firms have been. Bitcoin mines cash in on electricity � by devouring it, selling it, even turning it off � and they cause immense pollution. Crypto mining in Texas drives up electricity prices by $ billion annually, likely higher.
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