Bitcoin mining is extremely energy intensive, and bitcoin bashers have labelled the digital currency a climate villain. But as the FT’s Scott Chipolina reports, one novel strategy being looked at is using the mining as a form of energy storage, by converting stranded renewable energy into bitcoin.
#bitcoin #energy #cryptomining
See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.
► Check out our Community tab for more stories on the economy.
► Listen to our podcasts: https://www.ft.com/podcasts
► Follow us on Instagram: https://www.instagram.com/financialtimes‘
