Biden

Renewable Energy

Read

<ul> 
 <li>Zach Bradford highlights how Bitcoin mining can revolutionize America’s energy grid towards renewables and greater efficiency.</li> 
 <li>The Bitcoin mining industry’s shift towards renewable energy drives profitability and sustainable development.</li> 
 <li>Integrating Bitcoin mining with smart grids enhances energy efficiency, reduces losses, and offers flexibility in using surplus renewable energy.</li> 
</ul> 
<p>In an <a href="https://www.coindesk.com/consensus-magazine/2023/08/29/an-open-letter-to-president-biden-regarding-bitcoin-mining/" rel="noopener noreferrer nofollow">open letter to President Biden</a>, Zach Bradford, the CEO of CleanSpark, a publicly traded Bitcoin mining company focusing on green energy, has called on the administration to recognize the potential of Bitcoin mining in transforming America’s energy landscape.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">"As the CEO of CleanSpark, a publicly-traded bitcoin mining company with a background in the green energy sector, I write to bring your attention to a technology that is catalyzing the development of our nation's energy grid into one that is more renewable-powered, efficient, and… <a href="https://t.co/iOkEul4J8a" rel="noopener noreferrer nofollow">pic.twitter.com/iOkEul4J8a</a></p>— CleanSpark Inc. (@CleanSpark_Inc) <a href="https://twitter.com/CleanSpark_Inc/status/1696932403309088899?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 30, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>Bradford stresses the potential to revolutionize the energy grid into a more renewable, efficient, and interconnected system. He points to recent extreme heat advisories affecting millions of Americans and recurring heatwaves causing billions in damages and numerous deaths, emphasizing the need for a more resilient energy infrastructure.</p> 
<p>One key aspect of the letter is how Bitcoin mining incentivizes the adoption of renewable energy. With a growing number of mining companies shifting towards predominantly renewable sources, previously unprofitable renewable projects have become viable, increasing the share of renewable energy on the grid without raising costs.</p> 
<p>The integration of Bitcoin mining with smart grids is another critical point. This can increase energy efficiency, minimize transmission losses, and enhance load handling. Bitcoin mining facilities can act as “demand response” units, efficiently utilizing surplus renewable energy during peak generation and supplying energy to the grid during high-demand periods, reducing grid instability and curtailment of renewables.</p> 
<p>Bradford concludes by urging the administration to support initiatives promoting the integration of Bitcoin mining with the national energy grid’s development. He believes this approach will benefit the environment, economy, and national security.&nbsp;</p> 
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
<ul class="wp-block-yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/11-year-cryptocurrency-prediction-turning-into-reality/" rel="noopener noreferrer nofollow">11-Year Cryptocurrency Prediction Turning into Reality</a></li> 
 <li><a href="https://cryptonewsland.com/square-ark-invest-believe-bitcoin-is-renewable-energy-driver/" rel="noopener noreferrer nofollow">Square, ARK Invest Believe Bitcoin Is Renewable Energy Driver</a></li> 
 <li><a href="https://cryptonewsland.com/california-missed-700m-in-revenue-last-year-by-not-mining-bitcoin/" rel="noopener noreferrer nofollow">California Missed $700M in Revenue Last Year by Not Mining Bitcoin</a></li> 
 <li><a href="https://cryptonewsland.com/sustainable-bitcoin-mining-power-mix-hits-59-5/" rel="noopener noreferrer nofollow">Sustainable Bitcoin Mining Power Mix Hits 59.5%</a></li> 
 <li><a href="https://cryptonewsland.com/dispelling-bitcoins-false-environmental-propaganda/" rel="noopener noreferrer nofollow">Dispelling Bitcoin’s False Environmental Propaganda</a></li> 
</ul> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/cleanspark-ceo-urges-biden-to-embrace-bitcoin-mining-in-open-letter/">CleanSpark CEO Urges Biden to Embrace Bitcoin Mining in Open Letter</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

CleanSpark CEO Urges Biden to Embrace Bitcoin Mining in Open Letter

Crypto News Land

Các bài viết khác được xuất bản trên 1 thg 9, 2023

Robinhood Strikes $605.7M Deal With U.S. Marshals To Reclaim Shares Seized From Bankrupt FTX Foun...

TRON (TRX) Price Prediction 2024, 2025, 2026-2030

Burn & Mint Process and GoMining Rewards: A Quick Rundown

JOE Traders Set Sights on $0.6 Following Successful Resistance Flip

Oprah and The Rock Accept Bitcoin Donations For Maui Fire Victims – Here’s the Latest

Coinbase vs. SEC Lawsuit Takes a Dramatic Turn as High-profile Attorney Patrick Kennedy Steps In

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!