Bitcoin mining has long been criticized for its hefty energy consumption, but multiple recent studies suggest it might have a surprising silver lining. A report published by researchers at Cornell University has uncovered intriguing possibilities where Bitcoin mining could intersect with renewable energy projects across the United States. The narrative indicates bitcoin mining could support renewable energy development.
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A Win-Win Scenario: Cornell University Studies
In a series of studies titled “From Mining to Mitigation: How Bitcoin Can Support Renewable Energy Development and Climate Action,” Cornell…
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