Birdwatch Note Rating
2024-09-25 15:13:28 UTC - HELPFUL
Rated by Participant: ADAE4EA4AA8ED18F6A31E673BC3F968BA60527F4EEAFCF3F8F60F5E73BCFCDD0
Participant Details
Original Note:
Bitcoin could support renewable energy development. Mainly because it is location independent and by serving as a highly flexible energy buyer of last resort to balance fluctuations in renewable power generation and demand. https://news.cornell.edu/stories/2023/11/bitcoin-could-support-renewable-energy-development https://www.pwc.ch/en/insights/disclose/33/bitcoin-mining-as-an-esg-strategy.html
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