This Is What Happens When Bitcoin Miners Take Over Your Town

These are my thoughts. Bitcoin is not environmentally friendly and is a huge waster of electricity. Also, as the cost of mining an individual Bitcoin increases it will become self-limiting.

If you have already made money by speculating in Bitcoin I am happy for you. My advice is to take at least a part of your profit before the whole bubble comes crashing down. As a minimum recover your initial investment while you can. This fad won’t last forever.

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Check out this Article for more detail :

https://www.politico.com/magazine/story/2018/03/09/bitcoin-mining-energy-prices-smalltown-feature-217230?cid=apn

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