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Inside the bitcoin mine with its own power plant – BBC News

Summary:
Bitcoin mines require a lot of energy to power the computers inside. Greenidge Generation in New York has converted a former coal plant into a gas-fired Bitcoin mine.Facing criticism from environmentalists, the company argues it offsets its emissions, is 100% carbon neutral, and has plans to invest in solar energy.[embedded content]

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 Bitcoin mines require a lot of energy to power the computers inside. Greenidge Generation in New York has converted a former coal plant into a gas-fired Bitcoin mine.


Facing criticism from environmentalists, the company argues it offsets its emissions, is 100% carbon neutral, and has plans to invest in solar energy.




Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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