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It can't be true because the country is among the top countries with coal reserves.
All of sudden the news comes after they were heavily doing BTC mining. Is the big man up above pulling all the strings on the poor countries?
Good argument but that doesn't mean they have to tap those reserves to provide more electricity. They could probably consume more from what they produced yearly to accommodate BTC mining but that would also decrease what they could add to their reserves.
I have the feeling that in the next few more years, only the governments are the ones mining Bitcoin and the people are just going to be the holders and making transactions.
It's quite ironic that they will
mine something they do not want to be spent by the people. They will have to pass law recognizing BTC as a legal tender before they start taking over mining.