3 Things to Know About Bitcoin Mining in China

Not even China is okay with bitcoin miners using energy from coal

Not even China is okay with bitcoin miners using energy from coal submitted by jstolfi to Buttcoin [link] [comments]

12-19 13:04 - 'If someone mines a bitcoin for $3000 of coal in China and sells it 4000, I buy it at 4000 and sell it at 5000, to a hodler. A scam group arrives and dump bitcoin they got at 2000 of scam infra cost for 2500 OTC and create...' by /u/rlsethekraken removed from /r/Bitcoin within 42-52min

'''
If someone mines a bitcoin for $3000 of coal in China and sells it 4000, I buy it at 4000 and sell it at 5000, to a hodler. A scam group arrives and dump bitcoin they got at 2000 of scam infra cost for 2500 OTC and create a sell pressure, I buy between 2700 and 3999 along with others once it's laundered to exchanges, and the price re-stabilizes progressively after the dump at 5000.
How much did I make with nobody losing any money trading, hodlers hodling, scammers dumping and miners burning their coal ? Sure the scammed lost something, but that's bitcoin, we're not the US government and their stupid justice.
Response: I have a 5000$ bitcoin and some cash, for the cost of reading about OTC scams at the same time as others. A few dumps happen every year, since the exchanges and crypto schemes are hard to regulate and the hacks are heavily publicized.
Your mistake is you think like a classic economist, but the real economy is far from a perfect market, there are flaws in every implementation, and if there's no police, it's easier to exploit. Saying it's a zero sum game just says someone loses, not that I must lose if my interest is only to profit in fiat, while others want to join a scam cult because they feel lonely or want to hodl because they believe in fairies.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: rlsethekraken
submitted by removalbot to removalbot [link] [comments]

Why the Biggest Bitcoin Mines Are in China - The heart of Bitcoin is now in Inner Mongolia, where dirty coal fuels sophisticated semiconductor engineering

submitted by rockyrainy to China [link] [comments]

Bitcoin’s alarming carbon footprint: The combined electricity consumption for bitcoin and ethereum mining, has already reached a staggering 47 terawatt-hours per year (Greece consumes 57 Tha). 58% of all cryptocurrency mining is done in China and is typically powered by coal plants

Bitcoin’s alarming carbon footprint: The combined electricity consumption for bitcoin and ethereum mining, has already reached a staggering 47 terawatt-hours per year (Greece consumes 57 Tha). 58% of all cryptocurrency mining is done in China and is typically powered by coal plants submitted by Uhillbilly to WayOfTheBern [link] [comments]

Bitcoin’s alarming carbon footprint: The combined electricity consumption for bitcoin and ethereum mining, has already reached a staggering 47 terawatt-hours per year (Greece consumes 57 Tha). 58% of all cryptocurrency mining is done in China and is typically powered by coal plants

Bitcoin’s alarming carbon footprint: The combined electricity consumption for bitcoin and ethereum mining, has already reached a staggering 47 terawatt-hours per year (Greece consumes 57 Tha). 58% of all cryptocurrency mining is done in China and is typically powered by coal plants submitted by Uhillbilly to Kossacks_for_Sanders [link] [comments]

Bitcoin mentioned around Reddit: China’s industrialized province of Shandong plans to eliminate 10.23 million tonnes of coal capacity, a local official said on Thursday, two days after the central government criticized Shandong offic /r/worldnews

Bitcoin mentioned around Reddit: China’s industrialized province of Shandong plans to eliminate 10.23 million tonnes of coal capacity, a local official said on Thursday, two days after the central government criticized Shandong offic /worldnews submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Why the Biggest Bitcoin Mines Are in China - The heart of Bitcoin is now in Inner Mongolia, where dirty coal fuels sophisticated semiconductor engineering [/u/rockyrainy]

Why the Biggest Bitcoin Mines Are in China - The heart of Bitcoin is now in Inner Mongolia, where dirty coal fuels sophisticated semiconductor engineering [rockyrainy] submitted by trueworldnews to worldGlance [link] [comments]

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sit
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father
remote
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jeans
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graph
nothing
dagger
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minute
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slime
garage
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bathroom
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toolbox
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adult
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spin
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captain
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napkin
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centaur
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Beethoven
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fluid
acid
sparkles
talent show
ski jump
polo
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woodpecker
logo
Stegosaurus
diss track
Darwin Watterson
filmmaker
silence
dashboard
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windshield
Home Alone
tablecloth
backflip
headboard
licorice
sunshade
Picasso
airbag
water cycle
meatloaf
insomnia
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whale
pie
demon
bed
braces
fence
orange
sleep
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zebra
Saturn
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chess
wire
angel
skates
pyramid
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hell
goal
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AC/DC
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flask
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roof
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tiger
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Gandhi
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scientist
hippo
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kneel
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below
totem
health
towel
diet
crow
addiction
minigolf
clay
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bruise
translate
yearbook
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engine
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razor
dollhouse
distance
prism
pub
lotion
vanish
vulture
beanie
burp
periscope
cousin
customer
label
mold
kebab
beaver
spark
meme
pudding
almond
mafia
gasp
nightmare
mermaid
season
gasoline
evening
eel
cast
hive
beetle
diploma
jeep
bulge
wrestler
Anubis
mascot
spinach
hieroglyph
anaconda
handicap
walrus
blacksmith
robin
reception
invasion
fencing
sphinx
evolution
brunette
traveler
jaguar
diagram
hovercraft
parade
dome
credit
tow truck
shallow
vlogger
veterinarian
furniture
commercial
cyborg
scent
defense
accident
marathon
demonstration
NASCAR
Velociraptor
pharmacist
Xerox
gentleman
dough
rhinoceros
air conditioner
poop
clock
carrot
cherry
candle
boots
target
wine
die
moon
airplane
think
pause
pill
pocket
Easter
horse
child
lamp
pillow
yolk
potato
pickle
nurse
ham
ninja
screw
board
pin
lettuce
console
climb
goose
bill
tortoise
sink
ski
glitter
miner
parrot
clap
spit
wiggle
peacock
roll
ballet
ceiling
celebrate
blind
yacht
addition
flock
powder
paddle
harpoon
kraken
baboon
antenna
classroom
bronze
writer
Obelix
touch
sensei
rest
puma
dent
shake
goblin
laundry
cloak
detonate
Neptune
cotton
generator
canary
horsewhip
racecar
Croatia
tip
cardboard
commander
seasick
anthill
vinegar
hippie
dentist
animation
Slinky
wallpaper
pendulum
vertical
chestplate
anime
beanstalk
survivor
florist
faucet
spore
risk
wonderland
wrestling
hazelnut
cushion
W-LAN
mayor
community
raisin
udder
oyster
sew
hazard
curry
pastry
mime
victim
mechanic
hibernate
bouncer
Iron Giant
floodlight
pear
sad
paw
space
bullet
skribbl.io
shirt
cow
worm
king
tea
truck
pants
hashtag
DNA
bird
Monster
beer
curtain
tire
nachos
bear
cricket
teapot
nerd
deaf
fruit
meteorite
rice
sniper
sale
gnome
shock
shape
alligator
meal
nickel
party
hurt
Segway
Mr. Bean
banker
cartoon
double
hammock
juggle
pope
leak
room
throne
hoof
radar
wound
luck
swag
panther
flush
Venus
disease
fortune
porch
machine
pilot
copper
mantis
keg
biology
wax
gloss
leech
sculpture
pelican
trapdoor
plague
quilt
yardstick
lounge
teaspoon
broadcast
uncle
comedian
mannequin
peasant
streamer
oar
drama
cornfield
carnivore
wingnut
vent
cabinet
vacation
applause
vision
radish
picnic
Skrillex
jester
preach
armadillo
hyena
librarian
interview
sauna
surgeon
dishrag
manatee
symphony
queue
industry
Atlantis
excavator
canister
model
flight attendant
ghost
pig
key
banana
tomato
axe
line
present
duck
alien
peas
gem
web
grapes
corn
can
fairy
camel
paper
beak
corner
penny
dig
link
donkey
fox
rug
drip
hunter
horn
purse
gumball
pony
musket
flea
kettle
rooster
balcony
seesaw
stork
dinner
greed
bait
duel
trap
heist
origami
skunk
coaster
leather
socket
fireside
cannon
ram
filter
alpaca
Zelda
condiment
server
antelope
emu
chestnut
dalmatian
swarm
sloth
reality
Darwin
torpedo
toucan
pedal
tabletop
frosting
bellow
vortex
bayonet
margarine
orchid
beet
journey
slam
marmalade
employer
stylus
spoiler
repeat
tiramisu
cuckoo
collapse
eskimo
assault
orangutan
wrapping
albatross
mothball
evaporate
turnip
puffin
reeds
receptionist
impact
dispenser
nutshell
procrastination
architect
programmer
bricklayer
boat
bell
ring
fries
money
chair
door
bee
tail
ball
mouse
rat
window
peace
nut
blush
page
toad
hug
ace
tractor
peach
whisk
hen
day
shy
lawyer
rewind
tripod
trailer
hermit
welder
festival
punk
handle
protest
lens
attic
foil
promotion
work
limousine
patriot
badger
studio
athlete
quokka
trend
pinwheel
gravel
fabric
lemur
provoke
rune
display
nail file
embers
asymmetry
actor
carpenter
aristocrat
Zuma
chinchilla
archaeologist
apple
hat
sun
box
cat
cup
train
bunny
sound
run
barrel
barber
grill
read
family
moose
boil
printer
poster
sledge
nutmeg
heading
cruise
pillar
retail
monk
spool
catalog
scuba
anteater
pensioner
coyote
vise
bobsled
purity
tailor
meerkat
weasel
invention
lynx
kendama
zeppelin
patient
gladiator
slump
Capricorn
baklava
prune
stress
crucible
hitchhiker
election
caviar
marmot
hair roller
pistol
cone
ant
lock
hanger
cap
Mr. Meeseeks
comedy
coat
tourist
tickle
facade
shrew
diva
patio
apricot
spelunker
parakeet
barbarian
tumor
figurine
desperate
landlord
bus
mug
dog
shark
abyss
betray HUH SO HARD
submitted by Temporary_Scratch_14 to skribbl [link] [comments]

Default English word list

Alright so, I took the default database from there https://skribbliohints.github.io/ and with the help of html, I extracted the words to a list separated by commas. It's useful when you want to translate those words into your native language.
Word of advice, when using google translate, do not put all words at once there, it can rapidly worsen the translation.
(And there is a last thing. Their algorithm of picking only custom words is not working really good, at least for me. Meaning that I often get duplicates, despite having a list this big and without duplicates. I'm still trying to find some solution to this, so if somebody is experiencing this as well, share the knowledge please, I will do the same.)
SOLUTION: Thanks for the reply from PepegaWR who identified the cause. I also tested it and there seems to be a custom words limit of 5000 characters. The easiest way in my opinion is to shuffle the words before each session to minimize the impact. Also thanks to the flynger who had the same idea before me :)
Finally, here it is, enjoy the scribbling ^^ :

ABBA, AC/DC, Abraham Lincoln, Adidas, Africa, Aladdin, America, Amsterdam, Android, Angelina Jolie, Angry Birds, Antarctica, Anubis, Apple, Argentina, Asia, Asterix, Atlantis, Audi, Australia, BMW, BMX, Bambi, Band-Aid, Barack Obama, Bart Simpson, Batman, Beethoven, Bible, Big Ben, Bill Gates, Bitcoin, Black Friday, Bomberman, Brazil, Bruce Lee, Bugs Bunny, Canada, Capricorn, Captain America, Cat Woman, Cerberus, Charlie Chaplin, Chewbacca, China, Chinatown, Christmas, Chrome, Chuck Norris, Colosseum, Cookie Monster, Crash Bandicoot, Creeper, Croatia, Cuba, Cupid, DNA, Daffy Duck, Darwin, Darwin Watterson, Deadpool, Dexter, Discord, Donald Duck, Donald Trump, Dora, Doritos, Dracula, Dumbo, Earth, Easter, Easter Bunny, Egypt, Eiffel tower, Einstein, Elmo, Elon Musk, Elsa, Eminem, England, Europe, Excalibur, Facebook, Family Guy, Fanta, Ferrari, Finn, Finn and Jake, Flash, Florida, France, Frankenstein, Fred Flintstone, Gandalf, Gandhi, Garfield, Germany, God, Goofy, Google, Great Wall, Greece, Green Lantern, Grinch, Gru, Gumball, Happy Meal, Harry Potter, Hawaii, Hello Kitty, Hercules, Hollywood, Home Alone, Homer Simpson, Hula Hoop, Hulk, Ikea, India, Intel, Ireland, Iron Giant, Iron Man, Israel, Italy, Jack-o-lantern, Jackie Chan, James Bond, Japan, JayZ, Jenga, Jesus Christ, Jimmy Neutron, John Cena, Johnny Bravo, KFC, Katy Perry, Kermit, Kim Jong-un, King Kong, Kirby, Kung Fu, Lady Gaga, Las Vegas, Lasagna, Lego, Leonardo DiCaprio, Leonardo da Vinci, Lion King, London, London Eye, Luigi, MTV, Madagascar, Mario, Mark Zuckerberg, Mars, McDonalds, Medusa, Mercedes, Mercury, Mexico, Michael Jackson, Mickey Mouse, Microsoft, Milky Way, Minecraft, Miniclip, Minion, Minotaur, Mona Lisa, Monday, Monster, Mont Blanc, Morgan Freeman, Morse code, Morty, Mount Everest, Mount Rushmore, Mozart, Mr. Bean, Mr. Meeseeks, Mr Bean, Mr Meeseeks, Mummy, NASCAR, Nasa, Nemo, Neptune, Netherlands, New Zealand, Nike, Nintendo Switch, North Korea, Northern Lights, Norway, Notch, Nutella, Obelix, Olaf, Oreo, Pac-Man, Paris, Patrick, Paypal, Peppa Pig, Pepsi, Phineas and Ferb, Photoshop, Picasso, Pikachu, Pink Panther, Pinocchio, Playstation, Pluto, Pokemon, Popeye, Popsicle, Porky Pig, Portugal, Poseidon, Pringles, Pumba, Reddit, Rick, Robbie Rotten, Robin Hood, Romania, Rome, Russia, Samsung, Santa, Saturn, Scooby Doo, Scotland, Segway, Sherlock Holmes, Shrek, Singapore, Skittles, Skrillex, Skype, Slinky, Solar System, Sonic, Spain, Spartacus, Spiderman, SpongeBob, Squidward, Star Wars, Statue of Liberty, Steam, Stegosaurus, Steve Jobs, Stone Age, Sudoku, Suez Canal, Superman, Susan Wojcicki, Sydney Opera House, T-rex, Tails, Tarzan, Teletubby, Terminator, Tetris, The Beatles, Thor, Titanic, Tooth Fairy, Tower Bridge, Tower of Pisa, Tweety, Twitter, UFO, USB, Uranus, Usain Bolt, Vatican, Vault boy, Velociraptor, Venus, Vin Diesel, W-LAN, Wall-e, WhatsApp, William Shakespeare, William Wallace, Winnie the Pooh, Wolverine, Wonder Woman, Xbox, Xerox, Yin and Yang, Yoda, Yoshi, Youtube, Zelda, Zeus, Zorro, Zuma, abstract, abyss, accident, accordion, ace, acid, acne, acorn, action, actor, addiction, addition, adorable, adult, advertisement, afro, afterlife, air conditioner, airbag, aircraft, airplane, airport, alarm, albatross, alcohol, alien, allergy, alley, alligator, almond, alpaca, ambulance, anaconda, anchor, angel, anglerfish, angry, animation, anime, ant, anteater, antelope, antenna, anthill, antivirus, anvil, apartment, apocalypse, applause, apple, apple pie, apple seed, apricot, aquarium, arch, archaeologist, archer, architect, aristocrat, arm, armadillo, armor, armpit, arrow, ash, assassin, assault, asteroid, astronaut, asymmetry, athlete, atom, attic, audience, autograph, avocado, axe, baboon, baby, back pain, backbone, backflip, backpack, bacon, bad, badger, bag, bagel, bagpipes, baguette, bait, bakery, baklava, balance, balcony, bald, ball, ballerina, ballet, balloon, bamboo, banana, bandage, bandana, banjo, bank, banker, bar, barbarian, barbecue, barbed wire, barber, barcode, bark, barn, barrel, bartender, base, basement, basket, basketball, bat, bathroom, bathtub, battery, battle, battleship, bayonet, bazooka, beach, beak, bean, bean bag, beanie, beanstalk, bear, bear trap, beatbox, beaver, bed, bed bug, bed sheet, bedtime, bee, beef, beer, beet, beetle, bell, bell pepper, bellow, belly, belly button, below, belt, bench, betray, bicycle, bill, billiards, bingo, binoculars, biology, birch, bird, bird bath, birthday, biscuit, bite, black, black hole, blackberry, blacksmith, blanket, bleach, blender, blimp, blind, blindfold, blizzard, blood, blowfish, blue, blueberry, blush, boar, board, boat, bobsled, bodyguard, boil, bomb, booger, book, bookmark, bookshelf, boomerang, boots, border, bottle, bottle flip, bounce, bouncer, bow, bowl, bowling, box, boy, bracelet, braces, brain, brainwash, branch, brand, bread, breakfast, breath, brick, bricklayer, bride, bridge, broadcast, broccoli, broken heart, bronze, broom, broomstick, brownie, bruise, brunette, brush, bubble, bubble gum, bucket, building, bulge, bull, bulldozer, bullet, bumper, bungee jumping, bunk bed, bunny, burglar, burp, burrito, bus, bus driver, bus stop, butcher, butler, butt cheeks, butter, butterfly, button, cab driver, cabin, cabinet, cactus, cage, cake, calendar, camel, camera, campfire, camping, can, can opener, canary, candle, canister, cannon, canyon, cap, cape, cappuccino, captain, car wash, cardboard, carnival, carnivore, carpenter, carpet, carrot, cartoon, cash, casino, cast, cat, catalog, catapult, caterpillar, catfish, cathedral, cauldron, cauliflower, cave, caveman, caviar, ceiling, ceiling fan, celebrate, celebrity, cell, cell phone, cello, cement, centaur, centipede, chain, chainsaw, chair, chalk, chameleon, champagne, champion, chandelier, charger, cheek, cheeks, cheerleader, cheese, cheeseburger, cheesecake, cheetah, chef, chemical, cherry, cherry blossom, chess, chest, chest hair, chestnut, chestplate, chew, chicken, chihuahua, child, chime, chimney, chimpanzee, chin, chinchilla, chocolate, chopsticks, church, cicada cigarette, cinema, circle, circus, clap, clarinet, classroom, claw, clay, clean, clickbait, cliff, climb, cloak, clock, cloth, clothes hanger, cloud, clover, clown, clownfish, coach, coal, coast, coast guard, coaster, coat, cobra, cockroach, cocktail, coconut, cocoon, coffee, coffee shop, coffin, coin, cola, cold, collapse, collar, color-blind, comb, comedian, comedy, comet, comfortable, comic book, commander, commercial, communism, community, compass, complete, computer, concert, condiment, cone, confused, console, continent, controller, conversation, cookie, cookie jar, copper, copy, coral, coral reef, cord, cork, corkscrew, corn, corn dog, corner, cornfield, corpse, cotton, cotton candy, country, cousin, cow, cowbell, cowboy, coyote, crab, crack, crate, crawl space, crayon, cream, credit, credit card, cricket, cringe, crocodile, croissant, crossbow, crow, crowbar, crucible, cruise, crust, crystal, cube, cuckoo, cucumber, cup, cupboard, cupcake, curry, curtain, cushion, customer, cut, cute, cyborg, cylinder, cymbal, dagger, daisy, dalmatian, dance, dandelion, dandruff, darts, dashboard, daughter, day, dead, deaf, deep, deer, defense, delivery, demon, demonstration, dent, dentist, deodorant, depressed, derp, desert, desk, desperate, dessert, detective, detonate, dew, diagonal, diagram, diamond, diaper, dice, dictionary, die, diet, dig, dinner, dinosaur, diploma, dirty, disaster, disease, dishrag, dispenser, display, diss track, distance, diva, divorce, dizzy, dock, doctor, dog, doghouse, doll, dollar, dollhouse, dolphin, dome, dominoes, donkey, door, doorknob, dots, double, dough, download, dragon, dragonfly, drain, drama, drawer, dream, dress, drink, drip, drive, driver, drool, droplet, drought, drum, drum kit, duck, duct tape, duel, dwarf, dynamite, eagle, ear, earbuds, earthquake, earwax, east, eat, echo, eclipse, eel, egg, eggplant, elbow, elder, election, electric car, electric guitar, electrician, electricity, elephant, elevator, embers, emerald, emoji, employer, emu, end, engine, engineer, equator, eraser, error, eskimo, espresso, evaporate, evening, evolution, exam, excavator, exercise, explosion, eye, eyebrow, eyelash, eye shadow, fabric, fabulous, facade, face, face paint, factory, failure, fairy, fake teeth, fall, family, farm, farmer, fashion designer, fast, fast food, fast forward, father, faucet, feather, fence, fencing, fern, festival, fidget spinner, field, figurine, filmmaker, filter, finger, fingernail, fingertip, fire alarm, fire hydrant, fire truck, fireball, firecracker, firefighter, firefly, firehouse, fireman, fireplace, fireproof, fireside, firework, fish, fish bowl, fisherman, fist fight, fitness trainer, fizz, flag, flagpole, flamethrower, flamingo, flashlight, flask, flea, flight attendant, flock, floodlight, floppy disk, florist, flower, flu, fluid, flush, flute, fly, fly swatter, flying pig, fog, foil, folder, food, forehead, forest, forest fire, fork, fort, fortress, fortune, fossil, fountain, fox, frame, freckles, freezer, fridge, fries, frog, frostbite, frosting, frown, fruit, full, full moon, funeral, funny, fur, furniture, galaxy, gang, gangster, garage, garbage, garden, gardener, garlic, gas, gas mask, gasoline, gasp, gate, gem, gender, generator, genie, gentle, gentleman, geography, germ, geyser, ghost, giant, gift, giraffe, girl, gladiator, glass, glasses, glitter, globe, gloss, glove, glow, glowstick, glue, glue stick, gnome, goal, goat, goatee, goblin, godfather, gold, gold chain, golden apple, golden egg, goldfish, golf, golf cart, good, goose, gorilla, graduation, graffiti, grandmother, grapefruit, grapes, graph, grass, grasshopper, grave, gravedigger, gravel, graveyard, gravity, greed, grenade, grid, grill, grin, groom, grumpy, guillotine, guinea pig, guitar, gumball, gummy, gummy bear, gummy worm, hacker, hair, hair roller, hairbrush, haircut, hairspray, hairy, half, halo, ham, hamburger, hammer, hammock, hamster, hand, handicap, handle, handshake, hanger, happy, harbor, hard, hard hat, harmonica, harp, harpoon, hashtag, hat, hazard, hazelnut, head, headache, headband, headboard, heading, headphones, health, heart, heat, hedgehog, heel, heist, helicopter, hell, helmet, hen, hermit, hero, hexagon, hibernate, hieroglyph, high five, high heels, high score, highway, hilarious, hill, hip hop, hippie, hippo, hitchhiker, hive, hobbit, hockey, holiday, homeless, honey, honeycomb, hoof, hook, hop, hopscotch, horizon, horn, horse, horsewhip, hose, hospital, hot, hot chocolate, hot dog, hot sauce, hotel, hourglass, house, hovercraft, hug, hummingbird, hunger, hunter, hurdle, hurt, husband, hut, hyena, hypnotize, iPad, iPhone, ice, ice cream, ice cream truck, iceberg, icicle, idea, imagination, impact, incognito, industry, infinite, injection, insect, inside, insomnia, internet, intersection, interview, invasion, invention, invisible, iron, island, ivy, jacket, jackhammer, jaguar, jail, jalapeno, janitor, jaw, jazz, jeans, jeep, jello, jelly, jellyfish, jester, jet ski, joker, journalist, journey, judge, juggle, juice, jump rope, jungle, junk food, kangaroo, karaoke, karate, katana, kazoo, kebab, keg, kendama, ketchup, kettle, key, keyboard, kidney, kindergarten, king, kiss, kitchen, kite, kitten, kiwi, knee, kneel, knife, knight, knot, knuckle, koala, kraken, label, laboratory, ladder, lady, ladybug, lake, lamb, lamp, landlord, landscape, lane, language, lantern, lap, laptop, laser, lasso, laundry, lava, lava lamp, lawn mower, lawyer, leader, leaf, leak, leash, leather, leave, leech, legs, lemon, lemonade, lemur, lens, leprechaun, lettuce, levitate, librarian, library, licorice, lid, light bulb, lighter, lighthouse, lightning, lightsaber, lily, lilypad, limbo, lime, limousine, line, link, lion, lips, lipstick, litter box, lizard, llama, loading, loaf, lobster, lock, log, logo, lollipop, loot, loser, lotion, lottery, lounge, love, low, luck, luggage, lumberjack, lung, lynx, lyrics, macaroni, machine, macho, mafia, magazine, magic, magic trick, magic wand, magician, magma, magnet, magnifier, maid, mailbox, mailman, makeup, mall, mammoth, manatee, manhole, manicure, mannequin, mansion, mantis, map, maracas, marathon, marble, margarine, marigold, market, marmalade, marmot, marshmallow, mascot, mask, massage, match, matchbox, mattress, mayonnaise, mayor, maze, meal, meat, meatball, meatloaf, mechanic, meerkat, megaphone, melon, melt, meme, mermaid, message, messy, metal, meteorite, microphone, microscope, microwave, midnight, military, milk, milkman, milkshake, mime, miner, minigolf, minivan, mint, minute, mirror, missile, model, mohawk, mold, mole, money, monk, monkey, monster, moon, moose, mop, morning, mosquito, moss, moth, mothball, mother, motherboard, motorbike, motorcycle, mountain, mouse, mousetrap, mouth, movie, mud, muffin, mug, murderer, muscle, museum, mushroom, musket, mustache, mustard, nachos, nail, nail file, nail polish, napkin, narwhal, nature, navy, neck, needle, neighbor, neighborhood, nerd, nest, network, newspaper, nickel, night, nightclub, nightmare, ninja, noob, noodle, north, nose, nose hair, nose ring, nosebleed, nostrils, notebook, notepad, nothing, notification, novel, nugget, nuke, nun, nurse, nut, nutcracker, nutmeg, nutshell, oar, observatory, ocean, octagon, octopus, office, oil, old, omelet, onion, open, opera, orange, orangutan, orbit, orca, orchestra, orchid, organ, origami, ostrich, otter, outside, oval, overweight, owl, oxygen, oyster, paddle, page, pain, paint, paintball, pajamas, palace, palette, palm, palm tree, pan, pancake, panda, panpipes, panther, pants, papaya, paper, paper bag, parachute, parade, parakeet, parents, park, parking, parrot, party, password, pasta, pastry, path, patient, patio, patriot, pause, pavement, paw, peace, peach, peacock, peanut, pear, peas, peasant, pedal, pelican, pencil, pencil case, pencil sharpener, pendulum, penguin, peninsula, penny, pensioner, pepper, pepperoni, perfume, periscope, person, pet food, pet shop, petal, pharmacist, photo frame, photograph, photographer, piano, pickaxe, pickle, picnic, pie, pig, pigeon, piggy bank, pigsty, pike, pill, pillar, pillow, pillow fight, pilot, pimple, pin, pinball, pine, pine cone, pineapple, pink, pinky, pinwheel, pipe, pirate, pirate ship, pistachio, pistol, pitchfork, pizza, plague, planet, plank, plate, platypus, player, playground, plow, plug, plumber, plunger, pocket, pogo stick, point, poison, poisonous, poke, polar bear, policeman, pollution, polo, pond, pony, ponytail, poodle, poop, poor, popcorn, pope, poppy, popular, porch, porcupine, portal, portrait, positive, postcard, poster, pot, pot of gold, potato, potion, pound, powder, prawn, pray, preach, pregnant, present, president, pretzel, price tag, priest, prince, princess, printer, prism, prison, pro, procrastination, professor, programmer, promotion, protest, provoke, prune, pub, pudding, puddle, puffin, puma, pumpkin, punishment, punk, puppet, purity, purse, puzzle, pyramid, quarter, queen, queue, quicksand, quill, quilt, quokka, raccoon, race, racecar, radar, radiation, radio, radish, raft, rail, rain, rainbow, raincoat, raindrop, rainforest, raisin, rake, ram, ramp, rapper, raspberry, rat, ravioli, razor, razorblade, read, reality, reception, receptionist, record, rectangle, recycling, red, red carpet, reeds, referee, reflection, reindeer, relationship, religion, remote, repeat, reptile, rest, restaurant, retail, revolver, rewind, rhinoceros, rib, ribbon, rice, ring, ringtone, risk, river, roadblock, robber, robin, robot, rock, rocket, rockstar, roll, roof, room, rooster, root, rose, royal, rubber, ruby, rug, ruler, run, rune, sad, saddle, safari, safe, sailboat, salad, sale, saliva, salmon, salt, saltwater, sand, sand castle, sandbox, sandstorm, sandwich, satellite, sauce, sauna, sausage, saxophone, scar, scarecrow, scarf, scary, scent, school, science, scientist, scissors, scoop, score, scream, screen, screw, scribble, scuba, sculpture, scythe, sea, sea lion, seafood, seagull, seahorse, seal, search, seashell, seasick, season, seat belt, seaweed, second, security, seed, seesaw, semicircle, sensei, server, sew, sewing machine, shadow, shake, shallow, shampoo, shape, shark, shaving cream, sheep, shelf, shell, shipwreck, shirt, shock, shoe, shoebox, shoelace, shop, shopping, shopping cart, short, shotgun, shoulder, shout, shovel, shower, shrew, shrub, shy, sick, signature, silence, silo, silver, silverware, sing, sink, sit, six pack, skateboard, skateboarder, skates, skeleton, ski, ski jump, skin, skinny, skribbl.io, skull, skunk, sky, skydiving, skyline, skyscraper, slam, sledge, sledgehammer, sleep, sleeve, slide, slime, slingshot, slippery, slope, sloth, slow, slump, smell, smile, smoke, snail, snake, sneeze, sniper, snow, snowball, snowball fight, snowboard, snowflake, snowman, soap, soccer, social media, socket, socks, soda, soil, soldier, sombrero, son, sound, soup, south, space, space suit, spaceship, spade, spaghetti, spark, sparkles, spatula, speaker, spear, spelunker, sphinx, spider, spin, spinach, spine, spiral, spit, spoiler, sponge, spool, spoon, spore, sports, spray paint, spring, sprinkler, spy, square, squid, squirrel, stab, stadium, stage, stamp, stand, stapler, star, starfish, starfruit, statue, steam, step, stereo, sting, stingray, stomach, stone, stoned, stop sign, stork, storm, stove, straw, strawberry, streamer, street, stress, strong, student, studio, study, stylus, submarine, subway, sugar, suitcase, summer, sun, sunburn, sunflower, sunglasses, sunrise, sunshade, supermarket, superpower, surface, surfboard, surgeon, survivor, sushi, swag, swamp, swan, swarm, sweat, sweater, swimming pool, swimsuit, swing, switch, sword, swordfish, symphony, table, table tennis, tablecloth, tablet, tabletop, taco, tadpole, tail, tailor, take off, talent show, tampon, tangerine, tank, tape, tarantula, target, taser, tattoo, taxi, taxi driver, tea, teacher, teapot, tear, teaspoon, teddy bear, telephone, telescope, television, temperature, tennis, tennis racket, tent, tentacle, text, thermometer, thief, thin, think, thirst, throat, throne, thug, thumb, thunder, thunderstorm, ticket, tickle, tie, tiger, time machine, timpani, tiny, tip, tiramisu, tire, tired, tissue, tissue box, toad, toast, toaster, toe, toenail, toilet, tomato, tomb, tombstone, tongue, toolbox, tooth, toothbrush, toothpaste, toothpick, top hat, torch, tornado, torpedo, tortoise, totem, toucan, touch, tourist, tow truck, towel, tower, toy, tractor, traffic, traffic light, trailer, train, translate, trap, trapdoor, trash can, traveler, treadmill, treasure, tree, treehouse, trend, triangle, trick shot, tricycle, trigger, triplets, tripod, trombone, trophy, tropical, truck, truck driver, trumpet, tuba, tug, tumor, tuna, tunnel, turd, turkey, turnip, turtle, tuxedo, twig, type, udder, ukulele, umbrella, uncle, underground, underweight, undo, unibrow, unicorn, unicycle, uniform, universe, upgrade, vacation, vaccine, vacuum, valley, vampire, vanilla, vanish, vault, vegetable, vegetarian, vein, vent, vertical, veterinarian, victim, victory, video, video game, village, villain, vine, vinegar, viola, violence, violin, virtual reality, virus, vise, vision, vitamin, vlogger, vodka, volcano, volleyball, volume, vomit, voodoo, vortex, vote, vulture, vuvuzela, waffle, waist, waiter, wake up, walk, wall, wallpaper, walnut, walrus, warehouse, warm, wart, wasp, watch, water, water cycle, water gun, waterfall, wave, wax, weak, wealth, weapon, weasel, weather, web, website, wedding, welder, well, werewolf, west, western, whale, wheel, wheelbarrow, whisk, whisper, whistle, white, wife, wig, wiggle, willow, wind, windmill, window, windshield, wine, wine glass, wing, wingnut, winner, winter, wire, wireless, witch, witness, wizard, wolf, wonderland, woodpecker, wool, work, workplace, world, worm, wound, wrapping, wreath, wrench, wrestler, wrestling, wrinkle, wrist, writer, x-ray, xylophone, yacht, yardstick, yawn, yearbook, yellow, yeti, yo-yo, yogurt, yolk, young, youtuber, zebra, zeppelin, zigzag, zipline, zipper, zombie, zoo, zoom,
submitted by StaroSVK to skribbl [link] [comments]

Traditional Mining vs Green Staking: How UMI Cares for the Planet

Traditional Mining vs Green Staking: How UMI Cares for the Planet

https://preview.redd.it/fcymiab2fed51.jpg?width=1024&format=pjpg&auto=webp&s=a32e38290d6f8048ba7cc982bc2963369642eb7a
Cryptocurrencies are about a major contribution to the transformation of the existing financial system. They can dramatically change the world and be of great benefit to humankind. But looking for benefits mustn't do harm to the environment.
We've taken up this theme for a reason. It is indeed possible to do harm. In fact, harm is already being done. Do you want to know in what way? By traditional mining, which is necessary to maintain the Bitcoin network, and thousands of other Proof-of-Work-based cryptocurrencies.
Negative impact of traditional mining
In order to maintain the Bitcoin network or other PoW-based cryptocurrencies, miners have to solve complex computational math problems — by doing so they verify the authenticity of transactions and add valid ones to the blockchain. This process is dubbed mining and requires extensive computing resources.
The need to compete to solve a mathematical puzzle and receive a reward makes people use more and more powerful equipment. This is how new bitcoins are generated. With the cryptocurrency boom, harmless mining on computers turned into an endless race among miners. Today miners not only buy high-performance computers. Some miners create farms consisting of energy-consuming ASIC devices while others use huge plants to mine bitcoins.

A mining farm consisting of thousands of ASIC devices. Source.
As you know, intensive computing power requires elevated power expenses and leads to air pollution and a waste of natural resources. This poses a serious problem. Nowadays electric power stations, which are thermal power plants (TPP), burn fossil fuel, such as coal or natural gas, to produce electricity.
This process causes CO2 (carbon dioxide) emissions which adversely affect the biosphere — mining contributes to the greenhouse effect which heats the planet up. This consequently causes a global warming effect with its associated impacts on the environment and may pose threats to life on the planet. What is more, every minute we are breathing the same polluted air, thereby being at risk of a bunch of diseases and complications. All these factors shorten life expectancy for us and our children. Air pollution cause a great deal of premature deaths
The more carbon dioxide gets into the environment, the more harm it does. Carbon dioxide is a harmful by-product of industrial activity. The biting irony is that we use natural resources to generate these emissions, and these resources have limits too. Traditional mining significantly exacerbates the global problem and the situation has been deteriorating in recent years.
The effects of carbon footprint are already being felt
There are, undoubtedly, a lot of other factors that cause global environmental degradation, but the impact of mining should never be ignored. Bitcoin mining is estimated to produce as much carbon dioxide as that produced by industries of Estonia, Switzerland, the Czech Republic, Jordan, or Sri Lanka.
The entire bitcoin network is responsible for 22-22.9 million tons of CO2 per year — just think and try to imagine how much it is. Chinese miners represent about half (47%) of emissions. In China energy is cheap as it's produced by coal-fired thermal power plants. Once we add emissions produced by mining other cryptos, the numbers will double!

Powerful mining equipment. Source.
Two years ago, Nature Research journal published an article regarding Bitcoin emissions. It said: "We cannot predict the future of Bitcoin, but projected Bitcoin usage, should it follow the rate of adoption of other broadly adopted technologies, could alone produce enough CO2 emissions to push warming above 2 °C within less than three decades." Two years later, we can see the researchers' concerns had the ground — digital gold keeps to be mined with the same enthusiasm as well as the planet keeps to be polluted. "It [Bitcoin] alone could produce enough emissions to raise global temperatures as soon as 2033, " warn a group of researchers.
As an alternate solution, miners are encouraged to use renewable energy (wind, solar, etc.) — which can make bitcoin mining more environmentally friendly. Unfortunately, renewable energy sources account for just a small share of global energy which makes them impossible to be used widely. Moreover, in the pursuit of profit, miners don't seem particularly eager to get rid of profitable equipment which cost them a fortune.
Nonetheless, the fact that modern cryptocurrencies disapprove environment-damaging mining lets us hope for the early improvement of the situation. UMI is one of these cryptocurrencies.
UMI is a green cryptocurrency based on smart contract
Not all cryptocurrencies use computing power to generate new coins. For example, there are cryptocurrencies based on Proof-of-Stake (PoS) and Proof-of-Authority (PoA) technology. UMI is just like that.
As a substitute for mining and to incite users, UMI uses Staking Smart Contract which allows generating new coins with no energy expenses and powerful equipment. No waste of natural resources. Staking technology is perfectly safe for the planet. This is the latest technological development loop of crypto industry.

https://preview.redd.it/wpgh5cmoged51.jpg?width=1024&format=pjpg&auto=webp&s=761dd09821e16924dfeeb7db8e65b6a66e50c5d5
UMI can be definitely called an environmentally friendly cryptocurrency as it has no negative impact on the environment. Today this is of greatest importance for all of us. UMI staking neither endangers human health nor harms the environment. In other words, we are protecting the planet and all the people that inhabit it. This is something we can be really proud of. Because the environment influences our health, and good health is the most important thing in life.
As a final note, we would like to say that adhering closely to their ideology, the UMI team collaborates only with environmentally conscious partners who are concerned with the protection of the natural world. This was the main reason for choosing the ROY Club as our partner. We are certain this will be productive cooperation which will make this world a better place.
Join in and invite all your friends — together we can create new UMI coins using eco-friendly staking and care for our planet!
Best regards, UMI Team!
submitted by UMITop to u/UMITop [link] [comments]

Crypto-Powered: 10 Points that Highlight the Magic of DeFi

Crypto-Powered: 10 Points that Highlight the Magic of DeFi
Most financial services that DeFi offers already exist in the real world. So why does it need to be on a blockchain?
https://reddit.com/link/hvwzrq/video/2vwr3t2tofc51/player
This is the final post of Crypto-Powered — a new series that examines what it means for Genesis Block to be a digital bank that’s powered by crypto, blockchain, and decentralized protocols.
Earlier in this series, we looked at some of the most promising DeFi use-cases already in the wild. We explored categories like lending, investment, insurance, stablecoins, payments, and more. And before that, we gave a primer on Bitcoin, Ethereum, and DeFi (decentralized finance).
So now that we’ve gone a little deeper down the crypto rabbit hole and we’ve done this whirlwind tour of DeFi, the natural next question is: why does any of it matter?
Most of the financial services offered by DeFi protocols already exist in the real world. So why does it need to be decentralized or on a blockchain? What’s the big deal?
Today we go through 10 points that highlight the magic of DeFi, and why it matters. And hopefully, it becomes clear just how big of an unfair advantage this technology is for Genesis Block. It’s our superpower as we compete against big banks and fintech unicorns. Alright, let’s dive in!

1. Global Pipes & Bridges

In traditional finance, each country or region has its own currency, infrastructure, and regulations. With blockchain technology and more specifically DeFi, the world is instantly connected. These decentralized protocols serve as the pipes and plumbing that plug the different economies together.
The internet completely broke down the walls & borders for information and news. DeFi is doing the same thing, but now for money, commerce, and financial markets. We’re now part of a global, digital marketplace that can finally transact with each other— there’s a common set of rules and protocols that transcend cultures, languages, and borders.
Jack Dorsey recently shared his own bullish insights on this future.

2. Efficient Markets & Liquidity

While the crypto ecosystem is still small when compared to traditional financial markets, it is growing quickly. As participation continues to mature, it will unlock enormous liquidity in the global markets.
Imagine the possibilities for mostly illiquid markets like real estate, collectibles, or private company stock.
This creates new opportunities for people. Imagine a farmer in Mexico helping a young family in Florida buy their first home. Or a coal worker in China participating in micro-finance loans in Africa. With liquid markets, they can easily swap in and out of investments depending on their financial situations. They won’t have to worry about long periods of no liquidity — which traditionally only favored the wealthy.
https://preview.redd.it/l1fe8lgg8fc51.png?width=700&format=png&auto=webp&s=9b404c0f2c06916af51198a7e096cd2e4b5d067c
Additionally, more liquid markets lead to great efficiencies. Defi, like the internet before, reduces transaction costs to the bare minimum — just the tech/infrastructure costs. The high cost of participation is removed.
This new, unlocked liquidity will lead to a much more efficient, vibrant, and healthy global economy.

3. Earning Opportunities & Value Creation

Basic crypto allows you to move and store value. With many of these DeFi protocols, you can actually create and earn value. You can share in the upside and success of these new micro-economies by earning tokens for your contributions.
https://i.redd.it/t0e61g3l8fc51.gif
For example, with DeFi protocols like Maker or UMA, you can be rewarded for voting and participating in high-level protocol decisions. With Synthetix, Compound, and Uniswap you can be rewarded for providing liquidity to the network. With Cosmos or Tezos (and soon Ethereum), you can be rewarded for helping keep the network stable and secure.
These new decentralized protocols and the work required to grow and cultivate them can be incredible earning opportunities for people all over the world. Value isn’t just moving, it’s being created and growing. This is an entirely new paradigm for work and earning income.
It’s actually really incredible to think about.

4. Equal Access & Economic Freedom

Because DeFi protocols are decentralized and on a blockchain, there are no gatekeepers. No government or bank or corporation can censor these protocols. Everyone has equal access.
You can be a user who needs financial services. You can be an entrepreneur who has a great idea and decide to launch your own protocol. You can be a worker who wants to earn income by helping and contributing to these new micro-economies. All options are available. Nobody can stop you.
People all over the world — whether from a favela in Rio or living under oppression by an authoritarian regime — can participate in this new, digital, permissionless global economy. This creates more economic freedom, which changes the world.

5. Composability & Interoperability

Many of these DeFi protocols leverage other DeFi protocols. They are like lego pieces — you can mix, match, connect, combine… and create an entirely new, exciting thing! This is called composability and it’s one of DeFi’s greatest strengths.
As Genesis Block decides to add additional features (more financial services), it becomes much easier because most of these protocols are modular and integrate nicely.
https://preview.redd.it/1btq6wdn8fc51.png?width=800&format=png&auto=webp&s=a17da95746da9dcf9611e68c74e5b489c9b1e6b6

6. Regulatory Windows

While cryptocurrency like Bitcoin is starting to become more regulated in developed countries, many of these newer decentralized technologies have not, like DeFi (financial services built on smart contracts).
This technology is at the bleeding-edge of innovation. It’s a new frontier that is being explored and developed at an incredibly fast pace. As a result, most governments around the world have not yet fleshed out how or if it will be regulated. For many countries around the world with fewer resources and less-developed regulatory infrastructure, it would be dizzying to even try.
https://reddit.com/link/hvwzrq/video/mkr89t9y8fc51/player
This creates a unique window of opportunity for builders and entrepreneurs. They won’t get bogged down by some of the outdated laws that slow them down in legacy finance.
For updates on crypto regulation in the US, CoinCenter is a great resource. So far, US regulatory focus has just been on cryptocurrency or securities more generally.

7. Decentralized Governance

The companies behind top DeFi protocols like Compound and Maker have relinquished their power and turned it over to the community. The community of token holders are now in charge of proposing, approving, and voting for decisions and updates in the protocol. This is called decentralized governance.
Of course, not all protocols are truly decentralized in their management or governance. But this is a trend we’re seeing more and more of. This more democratic style of governance creates a system of checks and balances, hopefully leading to a more stable, secure, and resilient protocol.
There’s a great post recently from Jesse Walden where he describes this as The Ownership Economy.
https://preview.redd.it/7gwjwjfp8fc51.png?width=800&format=png&auto=webp&s=203e6ceb16ceb7461a3d2da373330964e820d97e

8. User Interface Flexibility

Because these protocols are low-level, there can be a variety of product experiences, interfaces, and designs built around them. It’s similar to interacting with web APIs, except these are smart contracts on a blockchain.
If you don’t like the design of an app that interacts with a specific protocol, you can build your own.

9. Transparency & Auditability

These protocols are on the blockchain for anyone to inspect, analyze, and review. This transparency can create more trust and confidence for users. Anyone can discover a bug or whistle-blow malfeasance.
In the real world, bank customers typically have no idea what’s happening under the hood. It’s a complete black hole. In DeFi, the code is open-source. You can verify it’s doing exactly what they say it is.

10. Autonomous & Open 24/7

While the developers can sometimes update the protocol or fix a bug, these decentralized applications are not managed day to day by a company or its employees. These smart contracts run independently and automatically on the blockchain — enforced by policies and rules written in the code. DeFi protocols aren’t closed on weekends or bank holidays.
Can you imagine a bank that was run by robots and open 24/7. That’s DeFi.
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Hopefully, it’s becoming crystal clear that a crypto-native company — if it can substantially leverage these game-changing DeFi protocols — will win the consumer finance market. It will disrupt Wells Fargo, Goldman, and Bank of America. It will become the bank of the future.
Which crypto-native company is best positioned to win? Who can abstract away the complexity, deliver a world-class product experience, and take it to the world?
We obviously believe it’s us at Genesis Block. Time will tell.
I hope your imagination is running wild with possibilities like mine is. The potential of this tech is incredible. When you consider both the broad spectrum of financial use-cases that DeFi offers and the enormous value that is unlocked through these protocols (as outlined in today’s post), you can see just how big of an unfair advantage this is for Genesis Block.
As long as we’re building on this foundation, we’re out here playing 3d Chess while big banks & fintech companies are playing Checkers.
This is mic-drop weaponry. These are superpowers. This is what it means to be a digital bank that’s powered by blockchain technology and decentralized protocols. This is what it means to be crypto-powered.
https://preview.redd.it/qxohn09s8fc51.png?width=800&format=png&auto=webp&s=795f9fe6b6d82d29728b7f52da663214ce0831f0
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Other Ways to Consume Today's Episode:
Follow our social channels: https://genesisblock.com/follow/
Download the app. We're a digital bank that's powered by crypto: https://genesisblock.com/download
submitted by mickhagen to genesisblockhq [link] [comments]

Cryptocurrency Mining Powered By Alternative Energy Sources

Cryptocurrency Mining Powered By Alternative Energy Sources
What is mining, or more specifically, cryptocurrency mining (crypto mining for short), and why is it important? Most cryptocurrencies, especially the ones based on the idea of the blockchain digital ledger (or just the blockchain in crypto parlance), utilize the process of so-called mining to verify payments and add transactions to the blockchain. There are many forms of mining, but what is common to all of them is intensive power consumption. And to say that crypto mining is power-hungry would be an understatement of the century.
by StealthEX

Conventional vs. Alternative Energy Sources

It’s not a secret that most of crypto mining facilities are located in China. But what is less known, though, is the fact that some of these facilities are still powered with electricity generated by burning fossil fuels such as coal. And while the share of coal in the nation’s energy mix has been steadily declining since 2010, it still accounts for over half of the Chinese total energy production. Coal in China is thought to be a major contributing factor to global warming, and crypto mining powered by coal-derived electricity can hardly be considered eco-friendly as it directly translates into massive carbon pollution on a world scale.
These issues force the top industry players to look for alternatives to conventional sources of energy that would not only make their mining farms and energy-thirsty rigs bring home more money but also reduce the negative impact of crypto mining that it has on the environment. There are many renewable energy sources that are currently available to miners. The ones that can be usefully utilized in crypto mining are solar, wind, geothermal, and hydropower. Once an energy source has been procured, it all comes down to the question of whether it is more profitable to use this energy for mining, or simply sell it to the grid.
With Bitcoin prices rising, many green energy producers have become interested in crypto mining due to numerous benefits it offers, with the revenue flow being neither the last nor the least of them. Sometimes the profits generated by crypto mining surpass the wholesale energy prices by thousands of percent. Quite naturally, it is hard to ignore such profit opportunities, apart from the warm feeling of using a green and eco friendly energy solution. This is reported to be the new norm among many energy producers, whatever their source of electricity might be.
For example, a lot of European solar energy producers are now looking into mining operations as an alternative to selling the energy to the grid for the simple reason crypto mining allows them to earn more when the energy prices are low as has been the case in recent years. Apart from earning via crypto mining, they also save enormously on energy costs incurred by purchasing electricity from the grid for everyday needs. Despite the initial costs, the cost reduction over years can be a crucial factor in turning to solar power for crypto mining operations.
Windy places are not uncommon on planet Earth, and Texas is one of such places with installed wind power capacity exceeding 28 gigawatt, mostly in West Texas. It’s little wonder it has attracted a number of high-profile mining businesses such as Bitmain as well as a bunch of notable venture capitalists looking for investment opportunities in Bitcoin mining arena. For example, Bitmain opened a mining facility there in past October, which the company was going to scale up shortly. A few big names in tech investing, including the PayPal cofounder, financed a crypto mining startup, Layer1, which also launched a mining operation in West Texas.
Just like with solar and wind energy production being a viable economic solution in countries with copious amounts of sunlight and wind, nations that boast vast hydroelectric capacities such as Brazil, Canada, Russia, and, ironically, China offer very cheap electricity rates to businesses, especially those next to hydroelectric facilities. It comes as no surprise that many crypto mining operations gravitate toward cheap sources of hydroelectricity, and are deployed in regions where cheap hydroelectric power is just around the corner.
Hydropower offers the lowest cost of electricity worldwide by and large, and it also turns out to be renewable as well as clean and green. These two factors make it hands down an energy source of choice for crypto mining operations. As just one illustrative example, the Siberian city of Bratsk has become home for the largest data center in the post-Soviet states, which entered into operation a little over a year ago. Dubbed BitRiver, it now serves clients from every quarter of the world, while its facilities are primarily used to mine Bitcoin – thanks to cheap electricity supplied by the nearby hydroelectric powerhouse built by the Soviets in 1960’s.
Iceland is likely not the very first location that comes to mind when the topic of crypto mining is brought up. However, the country has turned out to be a mecca for crypto mining due to its naturally low temperatures and amazing amount of easily accessible geothermal energy that provides power to big mining farms at virtually no cost. The country has surplus of electricity at extremely low prices, which comes from its geothermal, magma-fuelled powerhouses with no carbon footprint. As it stands today, crypto mining operations on this remote North Atlantic island use more electricity than all Icelandic households combined.

The Future of Crypto Mining

The takeaway from the above is that crypto mining energy needs will most likely keep on surging in the coming years, and still more so if cryptocurrencies continue on their path toward mainstream adoption and widespread acceptance. This results in serious concerns about the sustainability of the effort over the long run, both in terms of its negative environmental impact and sheer energy consumption. In light of these developments, the direction cryptocurrency mining will be taking in the near future is arguably further toward energy solutions alternative to conventional ones, especially those based on non-renewable sources such as fossil fuels, and, more generally, toward more eco friendly crypto mining – at least as long as mining profitability is maintained.
Original article was posted on https://stealthex.io/blog/2020/06/09/cryptocurrency-mining-powered-by-alternative-energy-sources/
submitted by Stealthex_io to u/Stealthex_io [link] [comments]

05-21 07:14 - 'MANINGI' (self.Bitcoin) by /u/Shynah_Expert removed from /r/Bitcoin within 77-87min

'''
MANINGI mines aim to be the leading mining operation in Africa and abroad. The startup has
already 6 mining opportunities located in Africa and abroad. The mining will entail the following: Gold, copper, diamond, manganese, coal, and anthracite. MANINGI means plenty in Shona language, South Africa. The name is meant to elicit the feeling of plentiful in our mines that are able to sustain investors’ interest as well as help the community.

Our company is rooted in the strong belief of uplifting the livelihoods of people.

The slogan for MANINGI mines is ‘Creating wealth one token at a time’.

The locations will be prime locations that have high deposits potential.

Some of the leading producers of precious in the world are Russia, South Africa, China, countries in South America and parts of Europe.

Since the discovery of minerals and precious metals in the 1800s, the country has continued to benefit and grow economically contributing about 20% of the country’s GDP. The country’s reserves are estimated to be worth $2.5 trillion
'''
MANINGI
Go1dfish undelete link
unreddit undelete link
Author: Shynah_Expert
submitted by removalbot to removalbot [link] [comments]

The most asked question: "Why do you think Moon is a communist?"

  1. The Institute for Democracy is a think tank under the Minjoo party. One of their most well-known researches were about using the anti-Japan sentiment to influence the upcoming general elections. The Institute for Democracy entered an agreement with the Central Party School of the Communist Party of China to cooperate in policies and research. The Central Party School of the Communist Party of China is the most important education institution of all China because it is specifically dedicated to train officials for the CCP. Why are these two having these agreements and what is the purpose of sharing political studies with the communist party?
  2. Once leader of the Minjoo party and now the minister of justice Choo Mi-ae delivered a keynote at the Conversation Between World Parties and the Communist Party at Beijing when she was the leader of the Minjoo party. Most democratic nations did not attend this meeting. At the event she said, "중국 공산당 최고지도자이자 신시대의 설계사인 시진핑 총서기가 주장한 ‘두 개의 100년’과 ‘중국의 꿈’이 세계 평화와 번영에 공헌할 것으로 기대한다 ("The Two 100 Years" and the "Chinese Dream" will contribute to world peace and prosperity. And I am looking forward for it to happen because the supreme leader of the communist party, general secretary Xi as the architect of the new age has been preaching it)".
  3. The ex-minister of justice Cho kuk's cousin was the real owner of 코링크PE (a private equity management firm). This private equity invested in Bitcoins, but lucky enough they cashed out a month before the regulations were announced that was followed by a huge market crash. This private equity invested in a Korean cryptocurrency trader called 코인링크 that attracted investment deals from Huobi (Chinese crypto trader). 코인링크 also advanced it's market base to Russia. But guess what. North Korea also cooperates with Chinese and Russian cyrpto traders. Also, Cho kuk's relative was the owner of a freight ship company that owned a ship moving coal to North Korea. North Korea was behind a scam coin called Marine Chain, which was supposed to be used for "vessel transactions and offered partial ownership of maritime vessels in exchange for digital tokens". But most importantly, Cho kuk actually justified the need for a Leninist revolution in Korea.
  4. Im Jong-seok, the former chief of staff openly operated as a North Korean spy. He openly praised Kim Il-sung and the North Korean regime. He also went to jail for his activities.
His associates says it all. Moon himself has no difference. The only difference is his inability to speak without a prompter. And this.
submitted by rexkoner to KoreaRealism [link] [comments]

When pointed out that Bitcoin reaching $400k will consume more energy than the global grid can support, Bitcoin realist suggests “install more” https://twitter.com/angela_walch/status/938178470445834246

When pointed out that Bitcoin reaching $400k will consume more energy than the global grid can support, Bitcoin realist suggests “install more” https://twitter.com/angela_walch/status/938178470445834246 submitted by financepk to Buttcoin [link] [comments]

The future of bitcoin is everyday people...

Our opportunity as a world, as one people, one race for that is all we are. Far too much time has been squandered already. Many believe that the seed of this idea is out there and that once it takes root, it can never be extinguished. That is in error. If Bitcoin fails, then the idea will never be what it was designed to be. There will never be a free, open, hard and uncontrolled money. Nothing else will replace it. What comes will use the technology, but it will be something else, something monstrous and something that enslaves and not something that frees.
submitted by MartinGandhiKennedy to btc [link] [comments]

Bitcoin is teaching libertarians everything they don’t know about economics

Bitcoin is teaching libertarians everything they don’t know about economics submitted by Majk___ to neoliberal [link] [comments]

China’s central bank told a top-level government internet finance group that the monetary authority can tell local governments to regulate the power usage of bitcoin miners to gradually reduce the scale of their production.

submitted by madazzahatter to worldnews [link] [comments]

Bitcoin And The Environment

The nonstop block mining cycle incentivizes people everywhere throughout the world to mine Bitcoin. As mining can give a strong stream of income, people are very willing to run power-hungry machines to get a piece of it. Throughout the years this has caused the all out energy consumption of the Bitcoin system to develop to incredible scale, as the price of the currency reached new highs. The entire Bitcoin network now consumes more energy than a number of countries, based on a report published by the International Energy Agency. New sets of transactions (blocks) are added to Bitcoin’s blockchain roughly every 10 minutes by so-called miners. While working on the blockchain these miners aren’t required to trust each other. The only thing miners have to trust is the code that runs Bitcoin. The code includes several rules to validate new transactions. For example, a transaction can only be valid if the sender actually owns the sent amount. Every miner individually confirms whether transactions adhere to these rules, eliminating the need to trust other miners.
Bitcoin’s biggest problem is perhaps not even its massive energy consumption, but the fact most mining facilties in Bitcoin’s network are located in regions primarily in China that rely heavily on coal-based power. To put it simply, coal is fueling Bitcoin. The thought that bitcoin and mining directly affects the environment in a bad way alternatives are needed in order to not destroy the ecosystem. One alternative is written on this article "Improving Bitcoin Mining Efficiency" it shows how bitcoin is trying to solve the issue with a new network called the lightning network. Proof-of-work was the main consensus algorithm that figured out how to substantiate itself, but it isn’t the only consensus algorithm. More energy efficient algorithms, like proof of-stake, have been in development over recent years. In proof-of stake coin owners create blocks rather than miners, thus not requiring power hungry machines that produce as many hashes per second as possible. Because of this, the energy consumption of proof-of-stake is negligible compared to proof-of-work. Bitcoin could potentially switch to such an consensus algorithm, which would significantly improve sustainability. The only downside is that there are many different versions of proof-of-stake, and none of these have fully proven themselves yet. Nevertheless the work on these algorithms offers good hope for the future.
submitted by tradetoBusan to Bitcoin [link] [comments]

Andreas Antonopoulos - Mining Energy Consumption

Andreas Antonopoulos - Mining Energy Consumption submitted by makriath to BitcoinDiscussion [link] [comments]

Bitcoin Mining Wastes Energy? What If That's Good?

Bitcoin Mining Wastes Energy? What If That's Good? submitted by WSBConsensus to Bitcoin [link] [comments]

The Incel

The Incel
Staff writer Sophie Miller sat at her desk in the busy office of OMG News, on the 8th floor of a downtown office block. She was trawling through her email folder.

An email from the managing director caught her eye: "Great work on the article Sophie! Click rates are through the roof!..."

This was the first direct communication from the top boss since she started at the online magazine 6 months ago. Prior to that she had been a freelance writer struggling to make ends meet. Now she was a full time staff writer and her latest article had generated a lot of publicity.

"I'd rather be beaten to death than bored to death - why a boy can never be too bad." had generated controversy, humour and condemnation. Some critics had called it crass and risible, others had called it dangerous apologism for abusers. Others saw the ironic humour and critique of toxic masculinity. The one thing no-one had called her...is boring. You could never be too controversial in an outlet like OMG news.
She continued reading the boss's email "...I'd love to discuss it with you personally, pop into my office whenever you have a moment."

Her heart raced. The managing director wanted to see her. She'd never spoken to him before. She wasted no time and headed towards his office at the other end of the floor. On the way she checked her face in the mirror. Lashes were on fleek, red hair was neatly in a bun, makeup perfectly contoured. She knocked gingerly on his office door:
"Mr Donnelly?" she inquired gingerly.
"Come in my dear!" he ushered her into the office. His normally stern face was grimacing. She found it unsettling but forced a smile nonetheless.
"You wanted to see me Sir?" she said nervously
"Yes sweetheart" (he never used the names of any of the women in the office) "I called you in here to congratulate you. Since your little article was posted on the website our engagement and clicks have gone through the roof. Now I may be an old grey-haired dinosaur but I know that for an online news service, clicks mean dollars, and that makes you a golden goose."
He grinned and she responded likewise, awkwardly.
"Now I understand you've been here 6 months?"
"Yes sir" she responded cheerfully.
He stood up and began to pace up and down the room:

"That makes you entitled to a raise, but of course raises must be justified, with...a real business case." He stood next to her and placed his hand on her lower back. She could smell the coffee on his breath as he drew closer...

As she walked back to her desk afterwards, she felt everyone was staring at her. She was paranoid her makeup or hair would be disheveled. She hurried to her computer and lowered her chair so no-one could see her. She opened her emails again. She figured she would answer the important ones then head home. She needed a shower.

"SLUT!" jumped out at her from the screen. It was the title of an email.

Oh God, someone had seen her leaving Mr Donnelly's office looking disheveled. They knew, and soon everyone would know. She'd be the talk of the office for all the wrong reasons. As she clicked on the email she realised it was sent hours ago, at 10am this morning, just after the article went live on the website.

She opened the email:

"Dear Purveyors of Immoral Filth. I recently read your article entitled

'I'd rather be beaten to death than bored to death - why a boy can never be too bad.'

Needless to say I was disgusted. You are advocating for a lifestyle that rewards the churlish brute and damages the fragile female. In your world there is room only for the Alpha male and all other males are cast by the wayside. This is a primal, barbaric mentality. Sadly there are many females out there that share your point of view, and articles like this will only encourage their depravity further. It's because of low culture Svenagli's like yourself that modern womanhood is poisoned. I am unable to find a wife and folks like you are to blame.

The long and the tall of it is: I demand your 'news website' publishes a retraction, within the next 48 hours, of there will be Hell to pay. There will be no peace for the wicked.

Yours sincerely - The Incel."

At first Sophie was taken aback, then - comprehending the full meaning of the rambling nonsense, she burst out laughing. Immediately she forwarded it on to her colleagues. Then she screenshotted it and shared it to her seventy thousand Twitter followers. The reaction was one of almost universal ridicule, interspersed with the odd note of concern, which she duly ignored. Sophie suddenly had an idea for her next article, which she spent the rest of the day working on.
The following morning OMG News published another article
"Incels - do they deserve our ridicule or our pity?" - by Sophie Miller.
The article got even more clicks and engagement than her previous article about bad boys. Mr Donnelly offered her a raise then and there. Late that afternoon, as the staff enjoyed a coffee break, the security guard brought in a package.
"Special delivery for Sophie Miller. Just arrived now." Curious as to what it could be she opened it.

The explosion gutted the entire 8th and 9th floor of the 10 storey office block. The fire brigade evacuated the remaining floors of the building just before it collapsed in on itself. Of the 30 person staff at OMG news only 3 were pulled from the rubble. The floor above had been unoccupied but two Guatemalan maintenance men who had been cleaning up there were killed as well. Sophie's body was never identified although the crime scene investigators did find one of her shoes and her phone (still working) the lockscreen featured her cat mittens, who was taken in by a neighbor.

Moments after the explosion all the major news networks received the same email:

"I am responsible for the explosion at OMG News. I warned them of the consequences of their immoral words. Below I have enclosed a link to my manifesto. If my manifesto is not published my bombing campaign will continue. There shall be no peace for the wicked.
Kind Regards.
The Incel"
The editors of the major news networks were unanimous in their opinion that this so-called 'manifesto' was rambling, misogynistic garbage, ranting about Chads, Stacies and trad values and so they were united in their refusal to give it the time of day.
A week went by since the OMG news bombing. Investigators were at a loss to find any evidence. The FBI were called in. They set up an incident room nearby, headed by an FBI Assistant Director. They took forensic samples of everything but there was no trace of any DNA anywhere, the original package had been destroyed in the explosion. They checked the security footage from the office building reception. Grainy footage captured a figure in a black hoodie dropping the package at the doors and quickly fleeing the scene. The figure was average height and the face was indistinguishable.
Just as he was getting ready to go home, the Assistant Director's phone rang. It was his junior agent.
"There's been another bomb, this time at NRC News."
Smoke billowed out of the reception of the NRC news building. The Assistant Director arrived to a scene of chaos. Sirens wailed as medics helped the walking wounded to waiting ambulances. It wasn't long before police assessed the scene and found that 6 staff members were missing, presumed dead. Their corpses were pulled from the rubble before nightfall.
Another message was sent, this time to the FBI Incident Room. It read:
"I hope you enjoyed the fireworks. Next time it will be a school or a Mosque. I will continue my campaign unless the government provides me with a wife. She must be slim, pretty and below the age of 25. You have one week."

The FBI Assistant Director turned to his junior agent. "That's 35 people this bastard has killed so far. We're gonna have to take this higher."

President Roland Dunst sat at his large desk in the oval office. His Chief of Staff General Trebuchet walked in:
"Mr President, there's been another bombing, 6 people have been killed in this bombing, that's on top of the 29 in the last bombing. The FBI are saying we need to do something. Fast."
"Who is doing these bombings General? Is it Isis? ETA? China?"
"It's...an Incel Sir."
"A what now?"
"An Incel, a guy that...can't have sex...and he's pretty darn mad."
"Sounds like a stone cold loser to me. What does he want? Money?."
"Well Sir, originally he just wanted his manifesto published..."
"Well let's do it then, let this freak have his 15 minutes of fame."
"But now Sir....he wants a wife."
"A wife?"
"Yes and he wants a hot wife too."
"Hmmm" the president rubbed his chin. "What sane woman would want to marry a psycho freak like that?" The President paced up and down the oval office. He gazed at the flag and exclaimed:
"General, I have an idea....."

Natalia Kowalski sat shivering on a metal bench in the holding cell of the Immigrant Detention Center. The stone walls seemed to be closing in on her and her fellow occupants. She gazed around at the sea of brown and black faces. A bald African man was staring at her. She turned her blonde head away from him. She didn't belong in a place like this, she thought to herself. She was a European. She remembered her father's words.
"The finest thing in the world is to be a European. And the finest type of European is Polish. And the finest type of Polish is a Krakowian. Na Zdrowie!" then he would take another shot of vodka.
The memory made her smile warmly as she imagined herself far away from this awful cell, and these awful people. Europeans should have a separate detention centre, she ruminated. Europeans built America after all.
A sharp bark roused her from her daydreaming.
"Kowalski! Natalia! You're up!"
She leapt to her feet and followed the guard out of the cell and into a warm office down the hall. Two men in high ranking military uniform were sat on the other side of the table. They invited her to sit down.
"My name is General Trebuchet and this is my assistant. I'm President Dunst's chief of staff."
Natalia burst out laughing.
"This is joke right?"
"This is no joke Miss Kowalksi. I understand you were arrested on prostitution charges? And upon arrest it was discovered that you overstayed your work visa by over a year?"
Her pale cheeks burned bright red
"This guy....he say he look after me, find me work as nanny...but instead he make me sleep with men, he take all the money I earn, make me live in tiny room, he take my passport."
"Why didn't you just go to the police?"
Natalia laughed derisively. "Police? What they do? Send me back to Poland to peel potatoes? No vay."
"Well Miss Kowalski, you are going to be sent back to Poland."
She turned to them with sudden pathos. "Please Mister Army man. No send me back. I just want to be American. Live in white picket fence house like in TV show Wonder Years. Please."
The General and his assistant exchanged smug glances.
"So you want to be an American Miss Kowalski?"
"Yes Mr General, I do anything please." she clasped her hands together and feigned tears.

The Incel logged onto his computer. He accessed the high security VPN that protected his identity and logged onto his secure email. He checked his Bitcoin wallet. A payment of $5000 dollars from the government of Luxembourg, in exchange for unblocking their servers. He duly unblocked them and smiled at his successful ransomware blackmail. He was a man of his word. As he glanced through his emails one caught his eye.
'From the desk of General Trebuchet. Chief of Staff to President Dunst.' It simply read:
"We have a wife for you, enclosed is a picture of her. You can pick her up at 7pm tonight from Pier 5 at the docks in your home city. No tricks."
The Incel gazed longingly at the photograph. A blonde haired, blue eyed woman smiled pleasantly. She looked a little like Taylor Swift but with a more Slavic bone structure and fuller lips.
As 7 o'clock approached Natalia grew more and more nervous. The General and several soldiers stood around her, but she had never felt more alone.
"Now just trust me Miss Kowalski nothing can go wrong. Just walk up to him, smile and we'll take care of the rest."
"General I really scared, must I do this thing?"
"Unless you want to go back to Krakow and sell your ladygarden for coal then yes I suggest you do as we say."
He nudged her through the door and onto the open pier.
"Walk out to end of the pier and wait. We'll be in the building watching.
Shivering in her little black dress Natalia Kowalski nervously walked to the end of the pier, her high heels making an audible clip clopping sound. She stood waiting, there was no-one around so she looked out over the shoreline at the boats and the seagulls. She thought about how far she'd come.
Just then she heard a voice behind her.
"Erm hey."
She shrieked in shock.
"Sorry, I didn't mean to startle you...You must be Natalia?"
She gazed at the source of the voice. It was dark but she could make out the figure of a man. He seemed to me smiling. She stepped closer. He wasn't very tall, maybe around 5'10. The same height as her in flat shoes. He was a little on the chubby side but it might have been the winter coat he was wearing. He had a mess of dark hair and dark eyes.
"You're v..very pretty." he stammered. His voice was quite deep but soft, he reminded her of the narrator from the Wonder Years, the show that gave her her first glimpse of America.
"Thank-you." she smiled. He smiled back, genuinely.
She noticed he had very kind eyes, a little beady, but kind.
"I don't normally hang around in place like this. Not for free anyway." she said with a wry laugh.
He laughed and cleared his throat.
"Do you wanna....I dunno....go someplace else? My car is waiting nearby."
"Erm...okay sure." They started to walk. "Maybe there is coffee shop still open at.."
She heard a loud bang. It sounded like fireworks. She turned to the man and saw him slump to his knees.
She looked at him and even in the darkness could see that the top of his head was missing. He slumped forward and dark liquid poured out of his head onto the wooden boards of the pier.
She felt weak at the knees and ran towards the buildings on the shore. The General emerged from the building and guided her inside. Shaking she sat down.
"Well done Miss Kowalski. Mission complete. We got him!"
Natalie felt numb. The General spoke on his phone excitedly.
"Yes, Mr President, Operation Loser was a success. We got him. Yeah he's dead, killed on the first shot."
Natalie was then escorted to hospital where she was checked over by a doctor. Physically she was fine although the doctor recommended counseling. After an hour or so the nurse said:
"Miss Kowalski you have a special visitor. It's the President."
Natalia's eyes widened and her heart raced again.
A face she had seen so many times on the TV filled the doorway of her hospital room. President Roland Dunst marched over and shook her hand.
"Well done Miss....erm...
"Kowalski, Natalia Kowalski."
"Well done Miss Nawalsi, you did a HUGE job for this country and helped us defeat a really bad dude. A terrorist, which is the worst kind of dude. And for that I now dub you a US Citizen."
He handed her a certificate of citizenship. She took it with a grateful smile but inside she felt hollow.
Some news cameras entered the hospital room.
"This brave lady Miss Nadine Koala helped to defeat a terrible, terrible terrorist. Let this be a lesson, that beautiful women will always be the downfall of stone cold losers like him."
The cameras pointed at Natalia but all of a sudden she began to cry.
submitted by Socialist7 to creativewriting [link] [comments]

Bitcoin Art Craze & China Loves Iowa: VICE News Tonight Full Episode (HBO) [AWS Mining] Sichuan mining farm Coal Mining in China Climate Leader: China Ends Plan for 85 Coal Plants, Investing $361 Billion in Renewables China Mining 2019  Xinhai Mining

Bitcoin mining mega farm burns down in China, destroying $10m of cryptocurrency machines Video appears to show fire ravaging Innosilicon's giant data centre in China INDY/ LIFE newsletter Miners in China benefit from very low energy prices - partly due to an abundance of cheap but dirty coal - and the presence of many of the major mining pools, which help ensure steady income. A relatively consistent cash flow helps miners budget for operating expenses, market fluctuations, and the inevitable hardware upgrades required every year or two to stay competitive. This shows the ... In addition, the Bitcoin China affair has definitely been contentious from the start. This is because Bitcoin represents decentralization and autonomy. It goes without saying that the ruling Communist party is keen on centralized control of all social, political and economic affairs. This did not bode well for future Bitcoin China development. As such, the measures currently in consideration ... Bitcoin in China: Live CNY Price, Best Exchanges, Taxes, and History. China has having an on-off relationship with cryptocurrency in general. In 2013, the government declared Bitcoin as a virtual commodity while allowing citizens to participate in online trading. Since 2017, China has taken a more strict strict stance on cryptocurrency due to investor protections and financial risk prevention ... Coal is the cheapest power source but also the dirtiest. It’s well-known that China has comparatively lax environmental policies. Major cities like Beijing are notorious for their high levels of smog, produced mostly by burning coal. Energy producers can freely burn coal and use the energy for Bitcoin mining. Instead of physically transporting the coal, it’s easier and more cost-effective ...

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Bitcoin Art Craze & China Loves Iowa: VICE News Tonight Full Episode (HBO)

On October 9-11, 2019, the 21st China Mining Conference and Exhibition will open in Tianjin Meijiang Convention Center. Since its start in 1999, China Mining... This is the May 17, 2018 FULL EPISODE of VICE News Tonight on HBO. 1:54 The Philippines is the only country in the world - besides Vatican City -where divorc... Three Gorges Dam collapsed, bitcoin mining company unemployed, Chinese economic downturn. China coal mine are dangerous and cause respiratory disease Accident at Mamiao Coal Mine, Sichuan, China - Duration: 5:33. Rob Dickinson Recommended for you. 5:33. A 360 tour of a giant Chinese bitcoin mine - Duration: 2:29. Quartz 15,516 views. 360° 2:29 ...

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