The nomadic nature of bitcoin miners leads to fluctuating research on mining’s energy usage. A recent report by CoinShares, Europe’s largest digital asset manager, found that 74-78% of mining is actually powered by renewable energy.
Why is this research important? As Christopher Bendiksen, the Head of Research at CoinShares, points out: educational research for prospective investors (their focus) is necessary as investment interest in cryptocurrency and mining infrastructure grows.
In this episode, John Belizaire, CEO, is joined by Christopher Bendiksen to explore what it takes to conduct the research necessary to track bitcoin mining’s energy usage, the dangers of comparing Proof-of-Work with Proof-of-Stake, and what this research highlights about Soluna’s wind farm project.
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Check out our blog, Clean Integration, on Medium for more or visit us at soluna.io