Bitcoin Miners Tap Hydropower as Environmental Criticism Grows

Bitcoin Miners Tap Hydropower as Environmental Criticism Grows

Bitcoin Miners Tap Hydropower as Environmental Criticism Grows As bitcoin faces a flood of criticism about energy usage, one mining facility has turned to Niagara Falls for cleaner power. By Liz Ornitz A bitcoin mining facility in upstate New York is using electricity from a local hydroelectric plant powered by the Niagara River. The company is part of a group of miners attempting to make the industry more sustainable, both environmentally and financially. Illustration: Alex Kuzoian/WSJ WSJ Explains News moves fast, and there's not always time to untangle the complex forces driving the day's biggest stories. WSJ Explains breaks down big market moves, business and economic trends, and scientific developments to help you stay ahead of the curve. Up Next in WSJ Explains How Retail Cheese Prices Weather Market Volatility …
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