Square Inc.

21/04/2021 | Press release | Distributed by Public on 21/04/2021 16:00

Bitcoin is Key to an Abundant, Clean Energy Future

Bitcoin is Key to an Abundant, Clean Energy Future

Apr 21, 2021

In this memo, we aim to explain how the Bitcoin network functions as a unique energy buyer that enables society to deploy substantially more solar and wind generation capacity. This deployment, along with energy storage, will facilitate the transition to a cleaner and more resilient electricity grid. We believe that the energy asset owners of today can become the essential bitcoin miners of tomorrow. To read the full memo, click here.