RIO DE JANEIRO, BRAZIL – Mike Colyer, CEO of Foundry Digital, the cryptocurrency mining subsidiary of Digital Currency Group, stated that bitcoin mining may ultimately assist the world transition to totally sustainable power manufacturing.
Speaking on the Crypto Mining Forum occasion, Colyer stated he believes that after giant power corporations understand the financial advantages of mining cryptocurrencies like bitcoin, it may lead to a restructuring of capital and operations.
Calling bitcoin mining “a terrific stabilizer” for . . .