The growing intersection of Bitcoin and the energy industry is unveiling various unexpected opportunities that could potentially facilitate global energy transition, according to a report by Dylan Campbell and Alexander Larsen of IRM Energy and Renewables Group (SIG).
The authors of the new paper entitled “Bitcoin and the Energy Transition: From Risk to Opportunity” argue that Bitcoin, infamous for its high energy consumption, could paradoxically emerge as a catalyst for energy transition and a solution to global energy challenges.
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