Tuesday 18 March 2025 01:14 GMT

The Energy Demand Of Crypto Mining Is Raising Concerns


(MENAFN- Investor Brand Network) Crypto mining has been outlawed in Abkhazia , yet it continues to thrive due to the region's low-cost hydropower.

Some American crypto companies are turning to renewable energy. Florida-based MARA Holdings (NASDAQ: MARA) acquired a wind Farm in Texas in December to support bitcoin mining. It also plans to shift half its operations outside the U.S. by 2028, including in Paraguay, where mining relies on...

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