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Question #425

Why are renewable energy initiatives in Bitcoin mining, like those in Texas, important for network health and miner profitability?

Catégorie: General
Renewable energy initiatives are unimportant because miners prefer only the cheapest power source
Renewable energy initiatives slow down mining because solar and wind power are unreliable
Renewable energy initiatives lower costs and environmental impact supporting network health miner profitability

Pourquoi est-ce la bonne réponse?

This is correct because using renewable energy for mining reduces electricity expenses and carbon footprint. Lower energy costs improve miner margins, while eco-friendly operations mitigate regulatory and social concerns. For network health, sustainable mining ensures continuous hashing power without relying on expensive or polluting sources.

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