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Comment by woeh

How does Bitcoin have literal incentives to build out renewable energy? I've heard the claim before, but I'm not following. Doesn't Bitcoin mining just incentivize generating energy in general - green or otherwise?

As a counterpoint: A recent study from Cambridge [0] estimates most of Bitcoins energy consumption still to be from fossil fuels.

[0] https://www.jbs.cam.ac.uk/insight/2022/a-deep-dive-into-bitc...

parent woeh 4 years ago

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