>http://www.bbc.co.uk/news/technology-22153687


Sounds like a hit piece to me. The wording of the first few paragraphs make it seem like a bad thing.

But consider:
$150,000 in electric bills per day for $681,000 in profits in the same day (!!)

To put this into perspective, my uncle runs a metallurgical company and their monthly electric bills are around $50,000 for that one facility. He does several million dollars worth of business per year. Net profits are several million per year. In essence, he spends $600,000 per year in electricity for say $10 million in profit per year.

These Bitcoin miners are spending $55 million per year in electricity, for profits of $249 million per year.

Sounds like a no-brainer.