Bitcoin Uses a Ton of Energy — On Purpose. Is it Worth It?
Climate One
00:00
Bitcoin Mining: A Green Asset Class
Some developers are developing Bitcoin for renewables. Stranded coal is cheaper. Certain people without the regulation that you're talking about are going to go for that. And I'm not clear also where the incentive comes from, who pays a green premium for Bitcoin that is mined using renewable energy? So right now there is a market for green coins. That is something that is very early and not something that anyone that's specifically choosing to decarbonize their operations is shooting for. What we're really shooting for is the ability to be an ESG friendly company,. Most of the biggest funds around the world that are ESG mandated would then be able to not just invest in our companies, but also in
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