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Bitcoinist 2019-06-07 15:00:15

Bitcoin Miners Becoming ‘Buyers of Last Resort’ for Clean Energy: Report

The latest report from CoinShares shows that renewable energy powers the vast majority of the Bitcoin mining network contrary to the “ocean boiling narrative.” Bitcoin Mining Uses Mostly Clean Energy In its third bi-annual mining report, CoinShares revealed that clean energy sources powered more than 74% of the Bitcoin mining network. The new report also revealed the return of mining profitability following BTC’s significant price gain in 2019 and the decrease in the marginal costRead MoreThe post Bitcoin Miners Becoming ‘Buyers of Last Resort’ for Clean Energy: Report appeared first on Bitcoinist.com.

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