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‘Bitcoin incentivizes renewable energy’ agree Elon Musk and Jack Dorsey – Cointelegraph

Countering the claim that Bitcoin is environmentally wasteful, Ark and Square make the case for integrating Bitcoin miners into the renewable energy supply chain….

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Some of Bitcoins most prominent backers have sought to make the case for Bitcoins environmental efficiency, with a collaborative paper from researchers at financial services firm Square and investment manager Ark Invest asserting that Bitcoin mining can drive increased efficiency in renewable energy production.
The paper, authored by The Bitcoin Clean Energy Initiative, or BCEI, seeks to counter the claim that the computation required to secure Bitcoin

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