Can Bitcoin Ever Be Green?

Jones Day
Contact

Jones Day

Interesting perspective on the long-asked question: can Bitcoin ever be green? The tension between Bitcoin’s rapid growth and sustainability remains a critical issue, with its energy consumption posing significant concerns. But, some experts think Bitcoin's potential to evolve into a more eco-friendly digital asset is within reach by leveraging renewable energy sources like hydro, solar, and wind, as well as adopting new technologies like the Lightning Network.

So the question is: if Bitcoin is the currency of the future, can it afford to stay in the energy consumption habits of the past? Or to put it another way, can a digital asset that relies so heavily on electricity ever be green?

www.knowesg.com/...

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Jones Day

Written by:

Jones Day
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Jones Day on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide