Sustainability

Bitcoin can repair the broken incentive systems created by finance and low interest rates that lead to unsustainable practices.

Only bitcoin offers a truly sustainable path forward for the continent which prizes this attribute.

Canadian investment manager Ninepoint will invest management fees in forest conservation to offset the carbon footprint of its bitcoin ETF.

The next hotspots for bitcoin mining

Chinese regulators in Inner Mongolia have issued a notice calling for a stop to bitcoin mining operations in the region.

Plouton Mining has raised $1 million for a proposed sustainable, solar-powered bitcoin mining complex in California.

“Last year was not profitable for many miners,” said Hut 8 CEO Andrew Kiguel. “[But] we believe that bitcoin is the future of digital money and that our work is crucial."

“With green hydroelectricity at a competitive price, innovative universities and this recent decision by the Energy Board that clearly supports the [mining] industry, Québec has all the ingredients to become a blockchain hub,”

“Education is what I see in the future as a positive change within the blockchain space. "

King is focusing his energies as a member of GEAR’s Advisory Board, helping the small startup, still in incubation, to raise funds for the development of green mining technology.