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Bhutan to upgrade bitcoin mining in Himalayas as ‘halving’ looms

IndiaTimes Friday, 5 April 2024
The Bitcoin rally, which saw a 140% increase over the past year, has provided a significant boost to companies in the industry, enabling them to invest in new hardware and expand their capacity. As of early Friday in Sydney, Bitcoin's value reached $68,581. However, this surge in price has led to increased mining difficulty, requiring more computing power to process transactions and add new blocks to the blockchain.
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News video: The Climate Impact of Bitcoin Mining with Alexander Neumüller (WiM411)

The Climate Impact of Bitcoin Mining with Alexander Neumüller (WiM411) 01:05

 Alexander Neumüller joins me to discuss the Cambridge Bitcoin electricity consumption index model, the impact of Bitcoin mining on the climate, the antifragility of Bitcoin, and the data analytics of Bitcoin mining.

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