businessinsider.com
After China banned all crypto transactions and mining in September 2021, bitcoin mining companies increasingly turned to places like rural parts of Nebraska, Wyoming, and especially Texas.Recent reporting by The New York Times suggests these crypto mines are leading to some worrying socio-economic implications.A bitcoin mine in the 281-person town of Channing, Texas, is being sued for allegedly not paying workers. BitRush, also known as BytesRush, is owned by a 23-year-old NYU student, Jerry Yu,…
almost 2 years ago