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.
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...