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One of the lesser-known yet crucial components of the Bitcoin ecosystem is Bitcoin’s impact on energy markets. While Bitcoin mining is often criticized for its high energy consumption, a significant portion of mining operations is increasingly powered by renewable energy sources. Miners are looking to take advantage of surplus energy from solar, hydro, and wind power, using it to mine Bitcoin when energy is abundant and cheap. This trend is not only making Bitcoin mining more sustainable but also helping to stabilize renewable energy markets by providing a use case for energy that might otherwise go to waste.
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