Bitcoin rush: What happens when cryptocurrency miners come to town Radio

Forget the pickaxe — the miners who have taken over Washington state don’t need it.

Instead, picture shipping containers full of thousands of servers that are maxing out the power grid and setting a few bush fires while they’re at it.

This is the scene of Washington state’s “bitcoin rush,” a boom that started in 2012 when miners flocked to the state to take advantage of low energy costs.

via Bitcoin rush: What happens when cryptocurrency miners come to town | CBC Radio

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s