Bitcoin mining can help reduce up to 8% of global emissions: Report
Cointelegraph
Published Sep 22, 2023 06:50AM ET
Updated Sep 24, 2023 02:20AM ET
A paper published by the Institute of Risk Management (IRM) concluded that Bitcoin (BTC) has the potential to be a catalyst for a global energy transition.
IRM Energy and Renewables Group members Dylan Campbell and Alexander Larsen published a report titled “Bitcoin and the Energy Transition: From Risk to Opportunity.” The paper argued that while BTC was perceived as a risk because of its energy consumption, it can also catalyze energy transition and lead to new solutions for energy challenges worldwide.
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Written By: Cointelegraph
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