Bitcoin Miners Buy Oversupplied Energy, Turn To Renewables - Nic Carter

Source: Adobe/Татьяна ПалладинаBitcoin (BTC) mining leaves a climate footprint, but renewable energy accounts for a considerable share of the process, according to Nic Carter, Founding Partner of blockchain-focused venture capital (VC) firm Castle Island Ventures. “Bitcoin absolutely is an industry that consumes a lot of energy,” Carter said in an interview with Bloomberg