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Transcripts for CNN CNN Newsroom With Pamela Brown 20240604 23:54:00

world s bitcoin mining is now in the u.s. reporter: it creates some jobs, not many, and the industry is now trying to be green. this farm in an old apple juice factory is, as they say, 92.5% hydropowered but still. they take up huge amounts of electricity. reporter: global mining uses more electricity than some entire countries, small ones like norway. is there any way of achieving this without using quite so much power? no. reporter: the price worth paying, he says, for an unhackable currency in this digital age and perhaps a future for places like east wenatchee, washington. we re not just an egg based community. reporter: you sound like you re on board. i m enthusiastically optimistic, let s say. reporter: however, the volatility on this side of the country, they are ambivalent to bitcoin.

Detailed text transcripts for TV channel - MSNBC - 20110404:20:50:00

i think the free market forces lost their way. don t have a way forward. monetary management faced the the same problem a hundred years ago. i think we fixed it with the fed. when you talk about special interests that destroyed the process, who are we talking about? we hear special interests all the time. specifically who are we talking about? we re talking about every part of the energy supply system, whether it s wind or solar, hydropowered, nuclear, oil, gas, coal. that s special interest. on the other side t sierra club, center for american process, on and on and on, wow name it. we know how to have a food fight through the special interest process with the idea whoever throws the most money at the problem has the best chance of winning. that s really sick. who is throwing the most

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