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International Business Times
International Business Times
Business
Marvie Basilan

EXCLUSIVE: Gryphon Digital CEO Talks Eco-Friendly Mining, Bitcoin's $150K Year-End Potential

Bitcoin Mining Gryphon Digital Mining United Nations Environment Renewable Energy Electricity Riot Blockchain
Rob Chang, formerly with Riot Blockchain, is the CEO of Gryphon Digital Mining. (Credit: Gryphon Digital Mining)

KEY POINTS

  • UN researchers urged regulatory interventions that balance innovation and environmental protection
  • A February study found that Bitcoin mining and green hydrogen technologies can be a "dynamic duo"
  • Shifting to renewable operations can combat biased narratives around $BTC mining: Gryphon Digital CEO Rob Chang
  • Chang said Bitcoin can hit $150,000 by the end of 2024, at least based on historical price trends post-halving

Bitcoin mining, the heartbeat of the lively community driving interest and awareness about decentralized cryptocurrency, is experiencing a revolution that could lift the biased narrative about the industry hogging electricity that could have been used for other sectors.

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