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/ Bitcoin Mining in Xinjiang, China Could Be a Red Flag for Regulators – Barron’s Bitcoin Mining in Xinjiang, China Could Be a Red Flag for Regulators – Barron’s 02/20/2021 Illustration by Peter Reynolds Text size Critics of the nearly ubiquitous digital currency Bitcoin often focus on its environmental consequences. After Tesla announced recently that it had bought roughly $1.5 billion in Bitcoin, sending the cryptocurrency’s value skyrocketing, sustainability investors decried the “level of carbon dioxide emissions generated from Bitcoin mining.” Certainly, “mining”—the energy-intensive process by which computers solve complex algorithmic problems to verify blockchain transactions, for which they’re rewarded...
