Like solar, hydroelectric, wind, and geothermal power stations. Mining farms locate near those sources of clean/cheap electricity to make the operation more profitable. About 50% of the electricity generated worldwide is renewable and the rate keeps increasing.

Also, let's not forget that dirty energy gets wasted because it can't be stored so bitcoin mining is there to avoid that waste so this is another bonus.

--

--

--

Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe and drop me a line and I’ll send you a copy for free, no strings attached.

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Alberto Guerrero

Alberto Guerrero

Author of ´Bitcoin For Mere Mortals´ available @Amazon. Subscribe and drop me a line and I’ll send you a copy for free, no strings attached.

More from Medium

Review of the Bitcoin Mining Council’s Latest Report — Part 1

The Writings of Satoshi

A Margin of Safety for Crypto

Can Russia Become The Next El Salvador?