TFG ... bitcoin ... Harvard ... is this the "Why"? [View all]

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Less than four years ago, Trump said Bitcoin "just seems like a scam". Yet those reservations have now gone: the Trump family has since started the crypto firm World Liberty Financial, and Trump launched his own cryptocurrency, $TRUMP – 220 of its top buyers were invited to a private gala dinner with the president on Thursday.

Trump's sons Eric and Donald Jr are behind a crypto mining venture called American Bitcoin, which plans to trade on the Nasdaq stock exchange, and aims to build one of the world's largest and most efficient Bitcoin mining platforms, rooted in American soil.

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As well as the hum, mining's energy use has environmental impacts. A Harvard study published in March in the peer-reviewed science journal Nature Communications found that Bitcoin mining exposes millions of Americans to harmful air pollution each year - and that 34 Bitcoin mines consumed a third more electricity than the city of LA. (There was some pushback from the crypto industry to the study, which was called The environmental burden of the United States' Bitcoin mining boom.)

… more at link (from BBC) …

https://www.bbc.com/news/articles/cx2qg6e03l2o

(Bolding mine)