The article describes an instance where mining of bitcoin is done using a diesel generator consuming up to 300 liters of fuel per day.
At a minimum, that is an expensive way to obtain bitcoin.
Seb Gouspillou's guidance for miners here:
“Bitcoin mining must be socially useful. It must not compete with traditional demand. It must be set up [only] where there is an extra capacity."
"This way, mining becomes a blessing for a country." "The ideal model should be a win-win situation [for both miners & the country]."
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he gets diesel at a much cheaper rate than is obtainable in the open market.
Umm ... yeah.
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