3min chapter

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BCB110_ERIK HERSMAN: Powering Africa’s Future—Bitcoin as a Solution to the African Energy Problem

Blue Collar Bitcoin

CHAPTER

The Cost of Mining in Africa

In Africa, there's no buyer for the 400 megawatts of hydro power being built up by governments. Mining is like pouring water on the ground and it goes to the lowest point. Governments are now looking at putting a tax on Bitcoin mining in order to make more money.

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