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Global crypto miners turning to renewables

Retrieved on: 2018-02-04 17:22:30

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<div>The industry's electricity use jumped almost eight-fold in the past year, and spending on power can eat up 30-60% of revenues, Bloomberg New Energy Finance estimates. “The price of electricity mostly drives where mining is taking place,” said Christian Catalini, who founded the <b>Cryptoeconomics</b> Lab ...</div>

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