KEY POINTS
- Bitcoin mining will be helping to prevent the waste of previously wasted renewable power: ESG expert Daniel Batten
- Governments singling out Bitcoin mining over energy use and ignoring other industries has caused trust issues, he said
- A KPMG report highlighted how other industries outside Bitcoin had higher emissions, including tourism
Bitcoin has come far since it was first introduced to the financial world by Satoshi Nakamoto, but the heartbeat of the ecosystem – Bitcoin mining – is what has been keeping the community alive for more than a decade. An evolving narrative is changing the way the industry is viewed by the world, and with much-needed positive recognition from governments, the burgeoning sector may finally find its place in the spotlight of efforts toward helping meet global zero-emission targets.
