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Monday, June 23, 2025

Bitcoin's energy gluttony sparking a crypto backlash | Canada's National Observer: News & Analysis - Canada's National Observer

This story was originally published by Yale Environment 360 and appears here as part of the Climate Desk collaboration.
The first time Jackie Sawicky learned that a Bitcoin mining operation was coming to Corsicana, a rural Texas city 60 miles south of Dallas, was on April 27, when she happened upon a Facebook video of a meeting at the local public library. The featured speaker was Chad Everett Harris, the upbeat executive vice-president of Riot Blockchain, a Bitcoin mining company based in Castle Rock, Colo. Bald and comfortably plump, Harris wore a suit jacket and open-collared shirt over blue jeans and delivered his message with the verve of a motivational speaker.
“We’re coming to Corsicana to build the largest [Bitcoin mining facility] in the world,” Harris announced, describing the four-building, 400,000-square-foot complex that will occupy 265 acres with number-crunching machines. “We turn energy into opportunity.”
Riot already operates the largest Bitcoin mine in the country...



Read Full Story: https://www.nationalobserver.com/2022/07/05/news/bitcoins-energy-gluttony-spa...

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