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North American crypto miners prepare to challenge China’s dominanceSpringtime is coming to the North American cryptocurrency mining industry. With access to robust capital markets, cheap power, a stable political climate and increasing participation of technological innovators, industrial-grade mining operations are burgeoning in the United States and Canada, providing competition to Chinese mining pools that now control more than half of the worlds hashing power.
These new ventures are acutely aware of the need to minimize minings carbon footprint. In March, when Neptune Digital Assets and Link Global announced they would develop a new five-megawatt mining facility in Alberta, Canada, for instance, Neptune CEO Cale Moodie cited the substantial global pressure to develop sustainable [emphasis added] Bitcoin mining operations around the world adding that the project would be powered by solar, wind and .
What took so long?
Bitcoin mining slammed by environmentalists
A security risk?
Is the PoW consensus doomed?
A new center of gravity for BTC mining?
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