Few bitcoin projects illustrate the cryptocurrency's enormous climate impact better than the Greenidge power plant in upstate New York. The once-abandoned power plant was bought by private equity firm Atlas Holdings and retasked. A significant portion of Greenidge's electricity no longer powers nearby homes or businesses; rather, the plant's smokestacks are increasingly pouring pollutants into the atmosphere in the service of mining bitcoin.

One week after BofA CIO Michael Hartnett issued a "code red" for stocks after publishing a report in which he showed that while current market euphoria has surpassed dot com levels, what was going now is absolutely staggering and it's only getting crazier with each passing day and new all

Party like it's 1999... "There's nothing in this world, which will so violently distort a man's judgment more than the sight of his neighbor getting rich," JP Morgan, After the Panic of 1907 Peak Price to Sales Ratio Tech in 2000 CSCO Cisco: 31x QCOM Qualcomm: 29x MSFT Microsoft: 25x INTC Intel: 14x Renewables in 2020 PLUG Plug Power: 52x NIO Nio Inc: 30x ENPH Enphase Energy: 29x TSLA Tesla: 19x Renewable froth, memories of the dot-com boom.