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Inside the Largest Bitcoin Mine in The U.S. - WIREDBitcoin mining is the process by which transactions are verified on the blockchain. It is also the way new bitcoins are entered into circulation. Electricity demand associated with U.S. cryptocurrency mining operations in the United States has grown very rapidly over the last several. Cryptocurrency mining on and/or with the use of energy sources from public lands requires an authorization from the BLM. Such activities on.