Tag: environmental cost of cryptocurrency mining
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What are the hidden costs of Riot Blockchain’s (RIOT.Q) Texas expansion?
Riot Blockchain’s (RIOT.Q) latest addition to their Bitcoin mining and hosting empire, to the tune of 1 gigawatt in Texas, isn’t good for either Bitcoin or the environment, or you. Granted, not everything Riot’s doing is horrible. They’ve managed to offset a good chunk of their electrical bill by adding immersion cooling to their equipment,…