Why Square And Cathie Wood's Ark See Bitcoin Environmental Concerns As Unfounded

Why Square And Cathie Wood's Ark See Bitcoin Environmental Concerns As Unfounded
Benzinga
2 hrs ago
Ark Investment Management and digital payment company
Square Inc. (NYSE: SQ) have teamed up to dispel the notion that Bitcoin (BTC) mining is damaging the environment.
Popular Searches
What Happened: Ark Investment and Jack Dorsey-led Square released a whitepaper arguing that Bitcoin mining provides an opportunity to spur the global energy transition to renewables by serving as a complementary technology for clean energy production and storage.
“Combining generation with both storage and miners presents a better overall value proposition than building generation and storage alone,” the companies noted.

Related Keywords

United States ,Greece ,America ,Cathie Wood ,Francisco Blanch ,Bill Gates ,Coinbase Global Inc ,Square Inc ,Microsoft Corporation ,Nasdaq ,Wood Led Ark Investment Management ,Ark Investment ,Jack Dorsey Led Square ,Coinbase Global ,ஒன்றுபட்டது மாநிலங்களில் ,கிரீஸ் ,அமெரிக்கா ,கேத்தி மரம் ,பிரான்சிஸ்கோ பிளான்ச் ,ர சி து வாயில்கள் ,சதுரம் இன்க் ,மைக்ரோசாஃப்ட் நிறுவனம் ,நாஸ்டாக் ,பேழை முதலீடு ,பலா டோர்ஸி வழிநடத்தியது சதுரம் ,