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Robert Kennedy Jr.: Bitcoin mining is a powerful new tool to support renewable energy grids

In a recent letter to The Economist, Robert Kennedy Jr. said that bitcoin mining is a powerful new tool to support renewable energy-intensive power grids. He pointed out that while the power grid is facing pressure from manufacturing, electric vehicles and data centers, the electricity consumption pattern of bitcoin mining is different from traditional electricity consumption and can have a positive impact on the grid. Kennedy stressed that...

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2024-09-19 15:09:21
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