Re:Coinbase S-1
by malaya_zemlya on Thursday February 25, 2021 @10:43AM
(#26263976)
You don't need to do mining in the disaster affected area. You need _someone_ to mine and to confirm transactions, but that can happen anywhere the world.
Bitcoin is heavily resource intensive. In an environment that is already resource pressed either due to political instability/natural disaster/inflation/whatever, what are the chances that the resources are going to be found that can actually operate bitcoin, and won't be better utilizied elsewhere?