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Bitcoin miners are celebrating again but how long will this latest boom last? - ABC

Retrieved on: 2024-03-14 20:28:14

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Bitcoin miners are celebrating again but how long will this latest boom last? - ABC. View article details on hiswai:

Summary

The article discusses the burgeoning enterprise of bitcoin mining, detailing the experiences of Russ and Andy, who operate a bitcoin mining facility in Western Australia. Professor Daniel Schlagwein explains that mining is essential for maintaining the bitcoin network. The article touches on economic aspects, legality, and environmental concerns of cryptocurrency, as well as its profitability and future in the context of the United States and globally.

Article found on: www.abc.net.au

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