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The hidden cost of mining Bitcoins We’re sorry, this service is currently unavailable. Please try again later. Dismiss By Matthew Field Normal text size Advertisement Today in Norilsk, the world’s most northerly city, the weather is minus 36 degrees Celsius, about average for the region where conditions can reach 50 below. The Russian city within the Arctic Circle is known for its heavily polluting nickel mines, and acid rain and smog are common. But now, a new kind of mining is in town. Bitcluster, a Russian cryptocurrency start-up, has erected a giant scrap metal B - for Bitcoin - above...

Inside the dirty world of Bitcoin mining The energy requirements of Bitcoin are expected to double this year, but some miners are turning to renewables to clean up their act 28 January 2021 • 12:00pm Today in Norilsk, the world’s largest northerly city, the weather is minus 32  degrees celsius, about average for the region where conditions can reach 50 below. The Russian city within the Arctic circle is known for its heavily polluting nickel mines, and acid rain and smog are common.  But now, a new kind of mining is in town. Bitcluster, a Russian cryptocurrency start-up, has erected a g...