Why The Navajo Are Mining Bitcoin

At almost 400,000 people, the Navajo Nation is without doubt one of the largest Native American tribes within the United States. It’s additionally probably the most impoverished, with poverty statistics nearer to the world’s least developed nations than its neighboring cities of Phoenix, Arizona, or Santa Fe, New Mexico.

Nearly 50% of Navajo are unemployed, 40% don’t have working water, 32% dwell with out electrical energy, and over 30% dwell beneath the poverty line, according to an April 2021 testimony earlier than Congress.

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