silence7@slrpnk.net to News@lemmy.worldEnglish · 6 months agoBiden Bans Chinese Bitcoin Mine Near U.S. Nuclear Missile Basewww.nytimes.comexternal-linkmessage-square16fedilinkarrow-up1163arrow-down13cross-posted to: nyt_gift_articles@sopuli.xyz
arrow-up1160arrow-down1external-linkBiden Bans Chinese Bitcoin Mine Near U.S. Nuclear Missile Basewww.nytimes.comsilence7@slrpnk.net to News@lemmy.worldEnglish · 6 months agomessage-square16fedilinkcross-posted to: nyt_gift_articles@sopuli.xyz
minus-squareBOMBS@lemmy.worldlinkfedilinkEnglisharrow-up16·6 months agoWhy are they mining out here in the US? Wouldn’t it be much cheaper to mine in China?
minus-squareQ*Bert Reynolds@sh.itjust.workslinkfedilinkarrow-up12arrow-down1·6 months agoProbably has something to do with the trade restrictions on certain chips.
minus-squarethatgirlwasfire@lemmy.worldlinkfedilinkarrow-up5·6 months agoI think I heard China is attempting to ban crypto mining farms from operating within mainland China, to try and conserve power there.
Why are they mining out here in the US? Wouldn’t it be much cheaper to mine in China?
Probably has something to do with the trade restrictions on certain chips.
I think I heard China is attempting to ban crypto mining farms from operating within mainland China, to try and conserve power there.