Can you believe that the miners in US are being paid in millions to stop mining
As the power consumption increases for mining, the country faces difficulty in stabilizing the power consumption rates, posing threat to the entire country. As a result, the country goes on to offer millions of dollars to the mining industries just to shut down mining. Logically, this practice is just feeding more to the companies and is reducing the importance of the power consumption. The same incident happened in case of Texas and Riot Block Chain.
Source: techstory.in