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World Bank Promotes Bitcoin Mining! | BULLISH?
A recent report from the World Bank cites Crusoe Energy and Bitcoin Mining as a financial benefit to methane mitigation! It looks like Microstrategy's Michael Saylor is vindicated again as the Bitcoin energy FUD may have just met its maker. Also, are Larry Fink and Blackrock mining Bitcoin to seed their Spot Bitcoin ETF? You don't want to miss this one!!
There is no second best!!
#bitcoinmining #bitcoin #bitcoinnews #wef #blackrock #btc #fidelityinvestments #michaelsaylor #jurrientimmer #simplybitcoin #bitcoinnews #larryfink #michaelsaylor #etf
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Sources and Media
â–º World Bank Report: Financing Solutions to Reduce Natural Gas Flaring and Methane Emissions: https://openknowledge.worldbank.org/server/api/core/bitstreams/27e9b31f-c8bf-5fa4-aee3-3576d60e1a48/content
â–º World Bank cites Crusoe Energy and states how #Bitcoin Mining is a major benefit in methane mitigation. https://twitter.com/SimplyBitcoinTV/status/1727437853154746863?s=20
â–º Even the WEF is recognizing the environmental benefits of Bitcoin Mining. https://x.com/saylor/status/1650220299311362048?s=20
â–º "The way that Bitcoin mining works is the most energy-efficient way to create a trusted digital property network. You put in $1 you get out $200 of value on Bitcoin. If Google puts in $1 of energy they'd get out $10. It's the most energy-efficient industry." - Michael Saylor https://twitter.com/BitcoinMagazine/status/1408817374594228232?s=20
â–º Bitcoin mining is the most lucrative use of energy in the world. https://twitter.com/PompPodcast/status/1674055135197294592?s=20
â–º ETFs like BlackRock may be front-loading BTC through miners instead of exchanges to avoid impacting prices significantly. This could explain the current hash rate surge while keeping exchange prices stable. The sharp rise in hash rate since October 1st aligns with the SEC ETF "soft approval date" which marked onboarding into the SEC systems starting with Seed Basket verification and fees. Based on the historical hash rate-to-USD ratio, Bitcoin might ideally be at $55-58,000 now. https://twitter.com/HashMiner358119/status/1713754293436866907?s=20https://twitter.com/BitcoinNewsCom/status/1729231910252036170
â–º Bitcoin Mining allows you to create an Oasis of Prosperity around a stranded energy source. https://twitter.com/RolandStautz/status/1447547536458219524?s=20
â–º At some point people will realize that they have more to fear by not embracing this technology than by embracing it. https://twitter.com/HashMiner358119/status/1713754293436866907?s=20
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