Libya's computing power accounts for about 0.6% of the global total.
Jinse Finance reported, citing market sources: Libya's cheap and subsidized electricity has sparked a covert bitcoin mining boom, with its hash rate accounting for about 0.6% of the global total. This phenomenon has increased the burden on the local power grid, forcing authorities to continuously escalate their crackdown efforts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
European Morning Quote - In the Spotlight: Artificial Intelligence
BUZZ - Shares of Australia's SCX.ai surge due to SpaceX partnership
Zcash co-founder releases ZIP proposal to "terminate ZCG funding channel and instead support NSM"
Crypto prices
More
