Bitcoin mining can be a ‘bridge’ to a renewable energy future by supporting green projects, a leading North American miner says | Currency News | Financial and Business News

Bitcoin mining can be a ‘bridge’ to a renewable energy future by supporting green projects, a leading North American miner says | Currency News | Financial and Business News

Bitcoin mining is hugely energy intensive, requiring vast amounts of computing power

Bitcoin mining can help the development of renewable energy technologies by allowing a quicker return on green investments, according to the head of one of North America’s biggest crypto miners.

Mike Colyer, chief executive of Foundry, a sister company of major bitcoin player Grayscale, told Insider he thinks bitcoin can be “a bridge between our current energy production…


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