Duncan Rawlinson

Bitcoin, often criticized for its energy consumption, is increasingly becoming a green technology due to the rapid adoption of renewable energy sources by miners. The decentralized nature of the cryptocurrency incentivizes miners to seek out cheap, abundant energy supplies, which increasingly come from renewables like solar, wind, and hydroelectric power. Additionally, Bitcoin mining can also contribute to grid stability by utilizing excess renewable energy during periods of low demand, preventing waste and promoting further investment in green energy infrastructure. As the world continues to transition towards sustainable energy, Bitcoin's alignment with these goals showcases its potential for both environmental responsibility and positive contributions to the global economy.