Monday, June 17, 2024 at 12:46 PM
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Crypto: A scam ... that’s costing us all

PROGRESSIVE VIEWS

A while back, I learned that cryptocurrency (or “crypto” for short) mining companies can make more money from shutting down their power-hungry server farms and earn a payment from ERCOT (the entity that manages the Texas power supply), than they can make from generating actual crypto.

After some research, I learned that crypto mining and its business structure is just as big a scam as I thought it was.

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