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Bitcoin.com 2023-08-14 05:30:27

Study Shows Bitcoin Mining Could Accelerate Transition to Renewable Energy

A new study suggests bitcoin mining could actually help drive the transition to renewable energy sources. Researchers Juan Ignacio Ibañez and Alexander Freier make the case that Bitcoin miners’ demand for cheap electricity provides incentives for increased renewable energy production. However, for mining to play this decarbonizing role, the industry needs to adapt. Researchers Reveal

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