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Benzinga
Benzinga
Business
Benzinga Contributor

Tesla, Blockstream And Jack Dorsey's Block Team Up To Mine Bitcoin Sustainably

Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock

Blockstream, Jack Dorsey’s Block (formerly Square) and Tesla (NASDAQ:TSLA) have teamed up to mine Bitcoin (CRYPTO: BTC) sustainably using renewable energy. They have announced that they are working on a solar and battery powered Bitcoin mine in Texas that uses solar and storage technology from Tesla. Adam Back, the CEO of Blockstream said, “this is a step to proving our thesis that Bitcoin mining can fund zero-emission power infrastructure and build economic growth for the future.”

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