Bitcoin mining touted as solution for UK’s renewable energy goals

Bitcoin Policy UK, a crypto advocacy group in the United Kingdom, has urged the new administration to consider Bitcoin mining to bolster the country’s renewable energy grid. Bitcoin mining involves creating new bitcoins by solving complex math problems that verify transactions. A KPMG report stated that Bitcoin mining helps to stabilize power grids and utilizes […] source: https://cryptoslate.com/bitcoin-mining-touted-as-solution-for-uks-renewable-energy-goals/