CNN New Day Weekend With Christi Paul and Boris Sanchez June 4, 2024 09:54:00
Bitcoin mining. plenty of land for mining farms, servers don't need as much ac to cool them, all that water means cheap, green, hydro electricity and -- >> electricity is about 65% of our total cost. >> reporter: 8,000 servers right here, all these about 50 grand each. you're pouring a lot of money -- a quarter of all the electricity generated here in douglas county now powers bitcoin mining, many locals still trying to wrap their heads around it. >> we understand the process of growing fruit and you see it and progress. you don't see the bitcoin. >> reporter: here is how bitcoin mining works....
Source: archive.org