Repurposing Bitcoin mining heat can solve global energy crisis: Arcane

Cointelegraph

Published Sep 04, 2022 02:03AM ET

Updated Sep 04, 2022 03:40AM ET

The flexibility behind running Bitcoin (BTC) mining operations can be vital to solving the real-world problems that stand in the way of the energy industry, suggests Arcane research.

One of the biggest concerns authorities raise when it comes to Bitcoin’s mainstream adoption is its energy requirements. While innovations in chipset manufacturing have helped reduce operational costs related to Bitcoin mining, a report from Arcane reveals the market’s potential to transform the energy industry.

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