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25 June 2021

Square Teams With Blockstream For Solar-Powered Bitcoin Mining Farm - Decrypt

Square Teams With Blockstream For Solar-Powered Bitcoin Mining Farm - Decrypt


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Square Teams With Blockstream For Solar-Powered Bitcoin Mining Farm.

Square plans to create a public dashboard for the farm, which will serve as a “transparency case study” for Bitcoin mining and renewable energy. .

On Earth Day (April 22), Square published awidely disputedwhitepaper that claimed Bitcoin mining and renewable energy is “well suited” to a green future due to the abundance of cheap and renewable energy. 

Square also said that Bitcoin mining could encourage investment in renewable energy sources on the assumption that renewable energy is cheaper, and thus will attract the majority of miners. 

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