The Flood
Intense electricity use in cryptocurrency mining contributes to significant environmental damage in Estonia, particularly in areas near former power stations.
Synopsis
Intense electricity use in cryptocurrency mining contributes to significant environmental damage in Estonia, particularly in areas near former power stations.
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Synopsis
Estonian cryptocurrency mines operate in areas once dominated by oil shale extraction. The film features footage from these mines, illustrating the significant electricity demands of virtual currency production. Bitcoin and other cryptocurrencies aim to bypass traditional financial systems, but their rise has led to larger mining operations. The environmental impact remains severe, as these facilities often occupy former power station sites, contributing to ongoing ecological damage. The film runs for 11 minutes and was released in 2018.
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