Reviewing 2021 In Bitcoin Mining

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2021 was a major year for Bitcoin mining. The third halving in May 2020 brought broader attention to mining at large, and the growing interest has never subsided.

In 2021, favorable economics made mining profitable for almost all participants, drawing in more and more participants. The emergence of flare-gas mining, Elon Musk’s comments about Bitcoin’s ESG footprint, the creation of the Bitcoin Mining Council and a western migration that accelerated as a result of Chinese regulation all contributed to a rapidly-expanding and shifting mining landscape marked by greater transparency.

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