Bitcoin mining farms and renewable energy facilities can greatly help each other to create an “abundant, clean energy future,” according to a joint research report published by payments company Square and asset manager Ark Invest yesterday.
Today is the day we turned the tables on the bitcoin energy debate: https://t.co/QjUzqmuCSS pic.twitter.com/gfd3lw9RhD
— Miles Suter (@milessuter) April 21, 2021
Per the white paper, there are currently several roadblocks standing in the way of solar and wind power facilities’ development. One of them is the intermittency of their output since both rely on times of day or weather conditions to operate—and those may not always coincide with peak hours of energy consumption.
Additionally, there is currently around 200 GW worth of “delayed” solar and wind capacity in the so-called interconnection queues in just three of the U.S. energy markets. What this means is that dozens of energy projects have already been approved and have develop
Źródło: https://cryptoslate.com/square-bitcoin-mining-is-key-to-clean-energy-future/
