When Cryptomining Comes to Town: High Electricity-use Spillovers to the Local Economy
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Cryptomining, the clearing of cryptocurrency transactions, uses large quantities of electricity. We document that cryptominers' use of local electricity implies higher electricity prices for existing small businesses and households. Studying the electricity market in Upstate NY and using the Bitcoin
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美国国家经济研究局创建时间：
2023-06-01
