Bitcoin’s environmental reputation is backward. On Absolute Trust Talk, Jirayr Kembikian of Citrine Capital explains why ESG concerns initially deterred himâ”and what completely changed his mind. His firm’s research uncovered that Bitcoin mining now captures methane from landfills and gas flaring operations, reducing one of the most harmful greenhouse gases while utilizing stranded energy that no other industry can access. The revelation: approximately 55% of the Bitcoin network runs on renewable power and is rising. Even more fascinating, Bitcoin miners co-locating with solar and wind farms accelerate project viability while eliminating transmission costs. The narrative has flippedâ”Bitcoin is actively advancing renewable energy in unprecedented ways. https://absolutetrustcounsel.com/19
Leave a Reply