Bitcoin Mining and Renewable Energy: A Dynamic Relationship

This chapter explores the relationship between Bitcoin mining and the renewable energy sector, highlighting how rising mining costs may push miners toward sources like nuclear or geothermal energy. The discussion also considers the implications of mining's energy demands, the potential shifts in operational locations due to energy price fluctuations, and the environmental concerns tied to cryptocurrencies. Ultimately, the chapter emphasizes the effects of capitalist forces on energy production, particularly in promoting cleaner energy alternatives in the face of increasing demand for Bitcoin.

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