That is the place bitcoin mining, Marr realized, can present a worthwhile resolution. If a photo voltaic plant, or a wind farm, has the flexibility to transform, almost immediately, its extra electrical energy into bitcoin as a substitute of promoting it at a loss, renewable vitality corporations may considerably enhance their income. That, in flip, would make the financing of latest inexperienced vitality initiatives extra palatable, and scale back the business’s want for presidency subsidies.
