“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
-
Is Altcoin Season Here Already? VanEck Answers As Bitcoin Price Struggles Below $100,000
Este artículo también está disponible en español. The recent Bitcoin price action has been marked by... -
Upbit set to delist Bitcoin Gold on Jan. 23, 2025 due to trading caution
South Korea’s largest crypto exchange, Upbit, plans to stop trading support for Bitcoin Gold starting from... -
Roasted Bitcoin? Cocoa Rises as the Best Investment of 2024
Cocoa, an unlikely commodity, has become the best-performing asset of 2024, surpassing bitcoin, the U.S. stock...