Bitcoin Mining and Energy Use

The New York Times has revealed itself to be more concerned with spinning morality tales disguised as investigative reporting. The reality is that Bitcoin miners play a valuable role in improving grid resilience and reducing carbon emissions. Rather than demonize the mining industry, we should work to understand how this unique consumer of power can be leveraged in the fight against climate change. To win that fight, we must keep an open mind towards all available solutions, including Bitcoin.