Bitcoin

<ul class="news-points"> 
 <li><strong>Bloomberg analyst Jamie Coutts recently highlighted the rapid rise of sustainable energy in BTC mining.</strong></li> 
 <li><strong>The energy-intensive process of Bitcoin mining has historically been criticized by environmentalists.</strong></li> 
 <li><strong>The carbon emissions associated with BTC mining are not rising proportionately to the exponential rise in Hashrate.</strong></li> 
</ul> 
<p>Jamie Coutts, a <a href="https://coinedition.com/market/">crypto market</a> analyst for Bloomberg, recently highlighted the rapid rise of sustainable energy sources in BTC mining. Coutts’ comments were in response to a new note on the Bloomberg Terminal, which cited data to contradict claims surrounding the heavy energy use associated with Bitcoin mining.</p> 
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   <p lang="en" dir="ltr">The <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitcoin</a> energy narrative is flipping! A new note out this morning on the Bloomberg Terminal looks at the rapid rise of sustainable energy sources in <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BTC</a> mining <br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/q0KEwIH8ki" target="_blank" rel="nofollow">pic.twitter.com/q0KEwIH8ki</a></p>— Jamie Coutts CMT (@Jamie1Coutts) <a href="https://twitter.com/Jamie1Coutts/status/1702232759866163351?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 14, 2023</a>
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<p>Coutts took to X (formerly Twitter) earlier today to share the apparent reversal of <a href="https://coinedition.com/tag/bitcoin-btc-news/">Bitcoin</a>’s energy narrative amid the rise of sustainable energy alternatives. The Bloomberg analyst addressed the claims surrounding the energy-intensive process involved in<a href="https://coinedition.com/michael-saylor-defends-btc-mining-amid-criticisms-of-energy-consumption/"> BTC mining</a>, which has been a c…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/btc-mining-embraces-more-sustainable-energy-solutions-crypto-analyst/">BTC Mining Embraces More Sustainable Energy Solutions: Crypto Analyst</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

BTC Mining Embraces More Sustainable Energy Solutions: Crypto Analyst

Coin Edition

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