In previous statements Bitcoin (BTC) negative attitude towards Bitcoin mining and BTC due to the use of high energy in mining and its negative environmental effects. World Economic Forum (WEF) turned away from this thought.
WEF, in a recently released video cryptocurrency markets and bitcoin He surprised everyone by making statements that mining could have economic and environmental benefits.
Defending that Bitcoin mining can cause a significant decrease in greenhouse gas emissions, WEF underlined that this decrease may occur if the transition to renewable energy sources is used.
Chase Lochmiller, CEO of crypto mining company Crusoe Energy, who explained his views in the WEF video, stated that the negative impact of greenhouse gas emissions on the environment can be reduced by deploying crypto mining centers where waste energy sources are located.
WEF’s video was noticed and welcomed by many Bitcoin and cryptocurrency supporters.
One of them is co-founder of MicroStrategy Michael Saylor it happened. Saylor shared on his Twitter account that he acknowledged the environmental benefits of BTC mining in the WEF video.
Saylor share “Even the WEF acknowledges the environmental benefits of Bitcoin mining.” said.
even the @WEF is recognizing the environmental benefits of Bitcoin Mining. pic.twitter.com/kPnMIifyJpU
— Michael Saylor⚡️ (@saylor) April 23, 2023
Experts commenting on the WEF’s change of opinion, apart from Saylor, stated that while the environmental discussions of Bitcoin mining continue, WEF’s approach to BTC mining with an environmentally friendly approach was revealed as an innovative solution to the climate crisis concerns.
*Not investment advice.
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