China’s crackdown on cryptocurrencies upended the world of Bitcoin last year, triggering a mass exodus of “miners” — who use power-hungry computers to mine, or create, new Bitcoins — to new locations around the world.
Now, research has found that the exodus likely made cryptomining, which already uses more electricity than many countries , even worse for the climate.
After Chinese Ban, Cryptocurrency Mining Got Worse for Climate comes via ChinaTechNews.com.