Robert Kennedy Jr. supports bitcoin mining as a tool for sustainable energy grids

  • Sergey Maga
  • 20 September, 2024 06:23
Robert Kennedy Jr. supports bitcoin mining as a tool for sustainable energy grids

Robert Kennedy Jr. has stated that bitcoin mining is a powerful new tool to support energy grids with a high share of renewable energy. According to him, the unique energy consumption structure of mining allows it to reduce the load on power grids during high electricity price periods and efficiently utilize resources when energy prices are low.

Kennedy also highlighted miners’ participation in demand response programs, which enable grid operators to manage the energy consumption of mining farms and stabilize the grid. Bitcoin mining , in his view, has the potential to become an essential element of future sustainable energy systems.

His statement has sparked interest among cryptocurrency industry participants and energy experts, especially amid the growing debate over the role of renewable energy in the modern world.

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