Home Cryptocurrency Bitcoin (BTC) Mining Startup Promises Free Money to Renewable Energy Companies

Bitcoin (BTC) Mining Startup Promises Free Money to Renewable Energy Companies

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This is where bitcoin mining, Marr realized, can provide a profitable solution. If a solar plant, or a wind farm, has the ability to convert, nearly instantly, its excess electricity into bitcoin instead of selling it at a loss, renewable energy companies could significantly boost their revenue. That, in turn, would make the financing of new green energy projects more palatable, and reduce the industry’s need for government subsidies.

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