Two years ago, I had crypto miners knocking on my door. We were discussing not some of the latest cryptocurrencies but the energy supply for mining, specifically - solar and nuclear. They weren’t asking for solar farms or nuclear power connections out of love for the planet—they just wanted 𝗰𝗵𝗲𝗮𝗽 𝗸𝗪𝗵. Fast forward to today, and Bitcoin hits an all-time high. Like it or not, demand for crypto isn’t going away anytime soon. 📈
With annual energy consumption equivalent to Poland’s (150 TWh), crypto’s hunger for power is a major climate topic. Some argue it should be banned outright. But here’s the thing: banning crypto misses the point entirely. 𝗖𝗿𝘆𝗽𝘁𝗼 𝗲𝘅𝗶𝘀𝘁𝘀 𝗯𝗲𝗰𝗮𝘂𝘀𝗲 𝗶𝘁 𝘁𝗵𝗿𝗶𝘃𝗲𝘀 𝗼𝘂𝘁𝘀𝗶𝗱𝗲 𝗴𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁 𝗰𝗼𝗻𝘁𝗿𝗼𝗹𝘀. You might as well tell bees to stop making honey. 🐝
So, what’s the solution? 𝗦𝗶𝗺𝗽𝗹𝗲—𝗰𝗹𝗲𝗮𝗻 𝗲𝗻𝗲𝗿𝗴𝘆. The same playbook applies to every energy-intensive industry. Crypto miners don’t care where their energy comes from, as long as it’s cheap. And guess what? Solar and wind are already the cheapest sources of electricity. I would even argue that crypto mining is good for the clean energy industry, as it creates demand, that can be filled with cheap solar and wind. Within a few years, the entire crypto ecosystem could be fully decarbonized—powered by renewables, and most likely, solar panels made in China.
Let’s look at what clean energy players are doing in this field. Take Elon. Love him or hate him, the man backs his projections with action. He’s not just a commentator (X notwithstanding) —he’s a 𝗽𝗹𝗮𝘆𝗲𝗿. And aside from Tesla and Powerwall, his projects include, yes, crypto - the Dogecoin. You might roll your eyes at Bitcoin’s energy use, but its miners are players too. They’ll follow the money, and the money says 𝗴𝗼 𝗴𝗿𝗲𝗲𝗻. 🌱
💬 What’s your take—crypto: climate villain, or just another industry waiting for the renewable revolution? Drop your thoughts in the comments, and let’s discuss.
#Crypto #Bitcoin #CleanEnergy #Renewables #SolarPower #EnergyTransition #ClimateChange #Sustainability #Cleantech
