Bitcoin Is Bad for the Environment. These Renewable Energy Stocks Can Help

·6 min read
Bitcoin Is Bad for the Environment. These Renewable Energy Stocks Can Help

Bitcoin (CRYPTO: BTC) is a big energy consumer, using an estimated 0.55% of all electricity generated in the world today, according to the Cambridge Center for Alternative Finance. If Bitcoin is ever going to clean up its environmental impact, it'll need a lot of renewable energy to make it happen. Howard Smith (Atlantica Sustainable Infrastructure): Anyone who mines Bitcoin, or knows someone who does, has an idea of how much of a power sink those servers are.