The scale of these mining operations is immense, consuming a significant amount of energy. The combined energy usage of these mines is equivalent to powering 1.5 million homes, highlighting the impact they have on the energy grid.
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CaterinaWed Jul 17 2024
The ownership of these mines is diverse, with some being owned by private individuals and others by companies. Notably, several mines have been linked to the Chinese government or the Communist Party, indicating the potential involvement of state-backed entities.
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BlockchainVisionaryWed Jul 17 2024
The discovery of these mines highlights the global reach of China's cryptocurrency industry. Despite the country's crackdown on crypto mining within its borders, Chinese entities have found ways to expand their operations internationally.
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ethan_thompson_journalistWed Jul 17 2024
The Times conducted an extensive investigation and uncovered the presence of Bitcoin mines owned or operated by Chinese entities in various states across the United States.
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CryptoVanguardWed Jul 17 2024
These mines were identified in at least 12 states, spanning from the eastern region of the country to the western fringes. States like Arkansas, Ohio, Oklahoma, Tennessee, Texas, and Wyoming were among those with Chinese-affiliated Bitcoin mines.