In the grand tapestry of man’s technological endeavors, as the digital revolution surges forth with the voracity of a wild beast, the humble crypto miner, once a glutton for the blackened heart of coal, finds himself washed clean by the pure waters of hydroelectricity. π°π₯
Enter Daniel Batten, a man whose eyes have gazed into the abyss of climate tech and emerged with the wisdom of the Bitcoin‘s power grid. Through the hallowed halls of LinkedIn, he has revealed his findings, a tapestry woven with numbers and hope. πβ¨
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And let us not forget the noble wind, the second fiddle in this renewable orchestra, supplying a hearty 14% of Bitcoin’s energy. The Marathon mining companies, with their fleet of wind farms, play a symphony that powers the digital world. πΆπ¬οΈ
As Bitcoin weans itself off the teat of fossil fuels, the annual trend shows a 6.2% reduction in coal usage since 2020. Yet, like a stubborn guest at a party, coal refuses to leave entirely. ππ
In a twist of cosmic humor, it turns out Bitcoin mining requires but a fraction of the coal that electric vehicles guzzle. Who knew the digital gold rush would be kinder to the coal mines than our quest for clean transport? ππ¨
And so, the future unfolds, painted with the vibrant colors of hydroelectric power, as Daniel’s study proclaims: the reign of fossil fuels in Bitcoin mining is doomed to drown in the rising tide of hydroelectricity. ππ
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2025-02-18 14:45