The impact of Bitcoin on the Environment is a source of debate presently.
Square, a Fintech giant has published a whitepaper in the current Salvo, explaining in detailed form, how Bitcoin influences the environment and make way for a future that is considered greener.
The content of the white paper entails Ark Investment Management Data, which they supplied to Square for the purposes of the white paper and which Square published to the public as part of the Initiative of Clean Energy an effort to support companies working to integrate forms of environmentally sustainable Bitcoin mining. In it, Square claims that Bitcoin mining and renewable energy is “well suited” to accelerating an energy transition.