Through the Institute of Risk Management Energy & Renewables Group, Alexander Larsen and I published a report on Bitcoin and the Energy Transition
Some Highlights:
"Bitcoin provides energy policymakers with more optionality""
"While Bitcoin is a consumer of electricity, this does not translate to it being a high emitter of CO2"
"Counterintuitively, it is Bitcoin's need for energy that makes it such a good partner to the energy industry."
Bitcoin is a buyer of last resort for all electricity ... Were it not for Bitcoin these would have otherwise been left untapped or stranded"
See the full report here, it’s free:
Bitcoin and the Energy Transition: From Risk to Opportunity
In their document titled "Bitcoin and the Energy Transition: From Risk to Opportunity", IRM Energy and Renewables Group (SIG) members Dylan Campbel...