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A huge drop in power prices has made Sweden and Norway lucrative for mining cryptocurrencies, giving big miners alternatives to China, Kazakhstan, and Canada (Jesper Starn/Bloomberg)
28
Dec
Dec
Jesper Starn / Bloomberg:
A huge drop in power prices has made Sweden and Norway lucrative for mining cryptocurrencies, giving big miners alternatives to China, Kazakhstan, and Canada — – Wet and mild weather pushed up output from hydro power plants — Lower input costs for making Bitcoin coincided with price rise
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