How Bitcoin Could Turbocharge Solar And Wind Energy, Ark Research Says
Bitcoin is considered an energy-demanding network. This has brought negative attention from politicians, regulators, institutions, and individuals that claimed the digital asset is contributing to global warming. Related Reading | Harmony Dangles 2 Billion Tokens To Pay Back Hack Victims – Who Aren’t Happy With Plan However, there are many trying to harness the Bitcoin network […]
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A misdirection of resources and an obstruction of progress, wind and solar energy reflect the same distracting qualities of altcoins.
A new report reveals an angle for sustainability in Bitcoin mining through harnessing onsite natural gas emissions. Data from a recent Ark Invest report highlights another utility for Bitcoin (BTC) mining in the realm of sustainability and energy. According to the findings, there is enormous potential to transform methane emissions into energy for Bitcoin mining, which, in turn, will turbocharge solar and wind-generated electricity at onsite wells. Important research from @skorusARK on #Bitcoin’s potential role in transforming methane emissions into bitcoin mining that will turbocharge....
Bitcoin, blockchain technology and the Internet of Things are dramatically disrupting every industry sector. They’re especially disrupting the energy and utility sector, including the solar energy trading market. Coincidentally, solar energy prices continue to decline, bringing spectacular new business opportunities while protecting the environment.....
Due to its unprecedented growth, the economic importance of the solar energy industry is surpassing that of the fuel energy industry. The solar industry’s exponential growth has boosted solar jobs by 25 percent since 2015, the Solar Foundation reported. Concurrently, Bitcoin and the Internet of Things are becoming an even more integral element of the....
Solar energy, like bitcoin, can be an effective tool to protect oneself from poor government systems — and they even work in conjunction.