Bitcoin Energy

I saw this piece about a planned Bitcoin “factory” in Texas.

Still, 800 locals have signed a petition against plans to built America’s largest bitcoin-mining facility — a facility which will consume 1.4 million gallons of water a day and 1 gigawatt of electricity (enough to power 200,000 homes).

This is just pure waste to support a giant Ponzi scheme. Isn’t it time to call a halt to all these frauds?

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