Analysis

June 16, 2022

Renewable energy companies have a lucrative new side hustle: mining bitcoin

Crypto mining could help turn renewables into a more lucrative asset — but is it a good use of clean power?


Freya Pratty

5 min read

Crypto currency miner. ©agnormark / Adobe Stock.

Crypto’s got a bad climate rep. Bitcoin, the world’s largest cryptocurrency, now consumes more electricity annually than Argentina, a country with a population of 45m. 

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bitcoin and crypto mining farm
Bitcoin and crypto mining farm.
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Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

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