Square, ARK Invest Believe Bitcoin Is Renewable Energy Driver
Square and ARK Invest believe that bitcoin mining can drive renewable energy’s future. If renewable energy managers build infrastructure around bitcoin mining, they can earn while producing sufficient clean power. Currently, Bitcoin network awards 6.25 bitcoins for every block mined. Jack Dorsey’s payment firm Square and and asset manager ARK Invest have recently made a case for Bitcoin, arguing that contrary to assumptions, it can actually drive the future of renewable energy. The collaborators’ inputs and research were compiled in a whitepaper entitled “Bitcoin is Key to an Abundant, Clean Energy Future”. The four-page document discusses the opportunities renewable energy
