The IMF warns that these two major industries are comparable to "electricity-hungry giants": their power consumption approaches that of a major economy.
①IMF Deputy Managing Director Gita Gopinath is concerned that the energy consumption and carbon footprint of cryptocurrency mining and datacenters are rapidly increasing; ②She expects that by 2027, the share of these two industries in global electrical utilities may rise from 2% in 2022 to around 3.5%; ③This level is comparable to the current electricity consumption of Japan, the world's fifth largest electricity-consuming country.
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Salmon Klein : all miners down today...weird...they should go up soon following BTC
104175033 OP Salmon Klein : I can't even find the words to describe how appalled I am rn looking at this stock's performance. at least the other miners they had their moments prior to today's shenanigans. This one is just.... bad. through and through bad lmao
73959024 : Probably $20 before EoY
Salmon Klein : we have to be patient on this one...look at the company fundamentals it is good...it was once at 15 and dumped for big guys to earn even more...look BTC is crazy up so this should follow...I have been in the red and green in this one because i believe it has potential...but if you dont feel the same just get out when green
102658818 : Shortist at play to wack those who thinking ‘Btc go up miners will follow’ theory. Look like they have succeeded today.