Crypto Mining May Use More Electricity Than the Entire State of Washington

In 2021, when China banned bitcoin and other cryptocurrencies, crypto miners flocked to the United States in search of cheap electricity and looser regulations. In a few short years, the U.S.’s share of global crypto mining operations grew from 3.5 percent to 38 percent, forming the world’s largest crypto mining industry. The impacts of this shift have not gone unnoticed. From New York to Kentucky...

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