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Bitcoin miners look toward nuclear power for sustainable energy

Keira Wright writes in CoinTelegraph that Bitcoin miners are looking to nuclear power for sustainable energy.

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>>>READ: No, Bitcoin is Not Destroying the Planet<<<

The C3 Take
  • While Bitcoin is very energy intensive, around 55% of global mining is powered through clean energy.
  • The industry is looking to clean up its environmental footprint even further by partnering with various nuclear energy companies.
  • Cryptocurrency can be used a force for environmental good by deploying more clean energy to the grid and bringing wealth to developing nations.

“Last month, the Bitcoin Mining Council surveyed around 33% of the current global Bitcoin network. BMC estimated that the global mining industry’s sustainable electricity mix grew about 3% to 55.9% during the third quarter of this year.”

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Read the full article here.

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The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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