Bitcoin could support renewable energy development
November 27, 2023
November 27, 2023
ITHACA, New York, Nov. 27 -- Cornell University issued the following news:
Bitcoin mining is often perceived as environmentally damaging because it uses huge amounts of electricity to power its intensive computing needs, but what if the mining process could be used to mitigate climate change instead of accelerating it?
A new study led by Cornell researchers investigated planned renewable energy projects across the U.S. and calculated each project's potential to profit f . . .
Bitcoin mining is often perceived as environmentally damaging because it uses huge amounts of electricity to power its intensive computing needs, but what if the mining process could be used to mitigate climate change instead of accelerating it?
A new study led by Cornell researchers investigated planned renewable energy projects across the U.S. and calculated each project's potential to profit f . . .