“…for many developing countries with large energy resources, including hydropower capacity, it is often too expensive to build the transmission and distribution infrastructure to move electricity from where it is produced to where it is consumed. They do not have the money or the production capacity to readily use electricity. These resources are at this stage available for profitable bitcoin mining, which would be a potential source of income for these countries.”

https://www.cell.com/heliyon/pdf/S2405-8440(23)02306-X.pdf

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