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Why these 3 experts aren t worried about the tumbling Bitcoin price

Why these 3 experts aren t worried about the tumbling Bitcoin price
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Jack Dorsey says bitcoin changes everything for the better, following reports that Square has no plans to buy more of the cryptocurrency

The Twitter and Square chief executive is among an increasing number of tech bosses advocating for investing in bitcoin.

Elon muskJack dorseyHarry robertsonBitcoin clean energy initiativeFinancial newsAmrita ahujaBitcoin clean energyபலா டோர்ஸிஹாரி ராபர்ட்சன்பிட்காயின் சுத்தமான ஆற்றல் முயற்சிநிதி செய்திஅமிர்தா அஹுஜா

Twitter & Square CEO Jack Dorsey says he s committed to making Bitcoin work better

SHARE Twitter and Square chief executive Jack Dorsey said Bitcoin changes everything for the better and he will work forever to make the crypto work better. #bitcoin changes everything …for the better. And we will forever work to make bitcoin better. https://t.co/wssrF2U0P0 jack (@jack) May 14, 2021 Mr Dorsey expressed his support for the cryptocurrency on his microblogging platform Twitter, in response to a tweet by the Square chief financial officer, Amrita Ahuja. Our bitcoin strategy hasn’t changed. We’re deeply committed to this community, including working towards a greener future through our Bitcoin Clean Energy Initiative, Ms Ahuja wrote on Twitter.

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Mining bitcoin will become a key part of global clean energy future

Mining bitcoin will become a key part of global clean energy future
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Bitcoin clean energy initiativeBitcoin clean energyபிட்காயின் சுத்தமான ஆற்றல் முயற்சி

Why Bitcoin Could Be The Key For The Future Of Clean Energy

Why Bitcoin Could Be The Key For The Future Of Clean Energy Much has been said lately about Bitcoin’s impact on the environment. Mainstream media has been especially keen on declaring BTC’s consensus mechanism (Proof-of-Work) a potential danger for the future of the planet. A White paper published by Square and ARK Invest, as part of “The Bitcoin Clean Energy Initiative”, makes the opposite case and argues Bitcoin is in fact a “key driver of renewable energy’s future”. The research paper claims Bitcoin mining along with renewable energy to facilitate an “energy transition”. Thus, energy asset owners could become the “bitcoin miners of tomorrow” operating a resilient electricity grid. BTC miners have certain characteristics which can sustain this new energy model. First, miners are geographically agnostics, with a “flexible and easily interruptible load”, as the White paper claims.

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