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home / news releases / note to elon musk crypto miners are part of the solu

HVBTF - Note To Elon Musk: Crypto Miners Are Part Of The Solution To Curbing Greenhouse Gas Emissions

HIVE Blockchain Technologies Ltd
  • Elon Musk and New York State legislators are raising concerns over Bitcoin mining's perceived fossil fuel consumption.
  • However, I expect the crypto mining network to convert entirely to renewable energy much more rapidly than other industries precisely because it uses so much energy.
  • Crypto mining may even help accelerate the deployment of renewable energy, which should please Musk and New York.
  • Despite Musk’s flip-flop, demand for cryptos continues to boom, with trading on major crypto exchanges reaching an incredible $1.7 trillion in April.

For further details see:

Note To Elon Musk: Crypto Miners Are Part Of The Solution To Curbing Greenhouse Gas Emissions
Stock Information
Company Name: HIVE Blockchain Technologies Ltd
Stock Symbol: HVBTF
Market: OTC
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