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Onramp Media

The Last Trade E039: Institutionalizing Bitcoin with KPMG

Feb 28, 2024
Exploring Bitcoin's impact on accounting practices, energy markets, and institutional adoption with insights from KPMG. Discussions on environmental benefits of mining, regulatory changes, and potential for Bitcoin in capital markets. Revealing how Bitcoin is reshaping energy sector, promoting ESG principles, and influencing corporate treasuries.
01:20:27

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Quick takeaways

  • Bitcoin mining industry embracing renewable energy for sustainability and economic benefits.
  • Integration of Bitcoin mining with traditional industries enhances security measures and compliance standards.

Deep dives

Bitcoin mining and renewable energy synergies

Bitcoin mining industry is exploring synergies with renewable energy sources like wind and solar power. Miners are strategically locating operations in areas with abundant renewable energy, such as Texas, to capitalize on cheap and sustainable power sources. The introduction of Bitcoin mining into these energy markets has the potential to drive renewable energy adoption and reduce wasted energy through innovative solutions like methane mining.

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