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Inside The World's Largest Bitcoin MineBreakdown cryptocurrency mining in China , by coin In , 68 percent of mining IP addresses in China were related to the Ethereum. Employing a top-down measurement approach, this paper assesses the carbon footprint of Bitcoin mining in China from to The findings reveal that. The mines are a way for Chinese investors to generate cryptocurrency, primarily Bitcoin, which they can cash in for U.S. dollars on exchanges.
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