Bitcoin Mining Turns Electricity Into Money
A close-up portrait of bitcoin miners in eastern Washington reveals the real hustle at the heart of cryptocurrencies.
Since bitcoin emerged from the internet’s muddy bottom into a global asset class, there have been many attempts to understand what this computation-based currency might mean for the world. No claim about bitcoin, or “the blockchain,” as the general category of technology is known, is too big for advocates (“the most disruptive tech in decades”) or detractors (the “biggest bubble in human history”).
But a profile of the town of East Wenatchee, Washington, by Paul Roberts in is about the reality of bitcoin
