1) #Bitcoin #energy thread from @vaneck_us webinar with @JasonLes_ and @JanvanEck3. Bitcoin and bitcoin mining is becoming more environmentally conscious. 76% of miners use renewable energy sources. 39% of total miner energy consumption comes from renewables. Myth-busting thread:
11:22 AM · Apr 22, 2021
3) #Bitcoin miners seek cheaper energy, hence renewables. Renewable energy sources such as hydroelectric, solar and wind have costs that are projected to decrease over time. The lower cost of renewable energies incentives miners to transition toward renewable & stranded energy.
7) Do note, most figures are estimates in the webinar discussion slides and none of the above is financial, legal or energy advice. We continue to welcome new data, refinements and recommendations in this space. See important disclosures on the webinar page and slides.