The Download: clean energy investments, and Amazon’s data privacy fine
—Heavy, a member of the Ukrainian army, describes her platoon leader’s philosophy to the Guardian as she and her fellow recruits prepare a long-anticipated counteroffensive to recapture the city of Bakhmut.
The big story
How Bitcoin mining devastated this New York town
April 2022
If, in 2017, you had taken a gamble and purchased a comparatively new digital currency called Bitcoin, today you might be a millionaire many times over. But while the industry has provided windfalls for some, local communities have paid a high price, as people started scouring the world for cheap sources of energy to run large Bitcoin-mining farms.
It didn’t take long for a subsidiary of the popular Bitcoin mining firm Coinmint to lease a Family Dollar store in Plattsburgh, a city in New York state offering cheap power. Soon, the company was regularly drawing enough power for about 4,000 homes. And while other miners were quick to follow, the problems had already taken root. Read the full story.
—Lois Parshley