Bitcoin Mining Is Already A Climate Disaster

Bitcoin Mining Is Already A Climate Disaster

A private equity firm bought a former power plant to run a Bitcoin mining operation, and it is ruining a glacial lake in upstate New York. Ana Kasparian discusses on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/tyt/live

Read more HERE:  https://arstechnica.com/tech-policy/2021/07/bitcoin-power-plant-is-turning-a-12000-year-old-glacial-lake-into-a-hot-tub/

“The fossil fuel power plant that a private equity firm revived to mine bitcoin is at it again. Not content to just pollute the atmosphere in pursuit of a volatile crypto asset with little real-world utility, this experiment in free marketeering is also dumping tens of millions of gallons of hot water into glacial Seneca Lake in upstate New York.”

Hosts: Ana Kasparian

Cast: Ana Kasparian

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