This is where bitcoin mining, Marr realized, can provide a profitable solution. If a solar plant, or a wind farm, has the ability to convert, nearly instantly, its excess electricity into bitcoin instead of selling it at a loss, renewable energy companies could significantly boost their revenue. That, in turn, would make the financing of new green energy projects more palatable, and reduce the industry’s need for government subsidies.
Source link
Tom Carreras
https://www.coindesk.com/business/2024/11/04/theres-no-catch-bitcoin-mining-startup-promises-free-money-to-renewable-energy-companies/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-11-04 20:03:35
