“We believe that companies that are focusing on more renewable energy sources are going to win in the end,” as alternative energy sources such as hydro-electric, solar and natural gas will be able to provide better cost savings to miners as opposed to traditional sources of energy such as coal, the fund’s Chief Investment Officer Steven McClurg told CoinDesk. He added that “coal energy is going to cost a whole lot more in the future.”
Related posts
-
Analyst Sees ‘Highly Bullish’ 2025, Is The Bleed Over?
Este artículo también está disponible en español. Ethereum (ETH) has started to climb some levels after... -
Bitcoin ETFs Bleed $226M While Ethereum Funds Feast on $130M Windfall
U.S. spot bitcoin exchange-traded funds (ETFs) took a hit the day before Christmas Eve, while ethereum... -
Bitcoin Faces Short-Term Uncertainty as Exchange Inflows Surge and Tether Liquidity Drops
Bitcoin has recently experienced mixed market movements, with analysts closely monitoring on-chain data to understand the...