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2021.04.21

US Square releases research report advocating the affinity between Bitcoin and clean energy

It is proposed that the merits of introduction will increase by mining cryptographic assets (virtual currency) with surplus energy generated by solar power and wind power generation. In addition, it has invested more than 1 billion yen to support companies that introduce renewable energy in the Bitcoin ecosystem, such as mining, and has launched the “Bitcoin Clean Energy Investment Initiative.” In the announcement of the “Bitcoin Clean Energy Initiative,” he explained that “today’s energy wealthy people can be tomorrow’s bitcoin miners” because of the high affinity between the bitcoin market and the energy market.

https://squareup.com/us/en/press/bcei-white-paper

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