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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)

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