Bitcoin mining is often decried as an energy hog, but new research results by Cathie Wood’s ARK Invest and Jack Dorsey’s Square have been found to “debunk the myth.” Tesla’s Elon Musk also agrees that it could actually be good for the planet. Marco Streng, CEO and co-founder at Genesis Digital Assets, says because renewable energy is among the most economically friendly, miners will lean towards that power source, thus contributing to the renewables industry in the long term. Streng speaks to Emily Chang on “Bloomberg Technology.” (Source: Bloomberg)
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor. He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino.
Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.
Bitcoin is up 55% from its November cycle lows, trading up near $24,000… …its highest since mid-August, erasing all the FUD from FTX… Ethereum is also soaring but has notably underperformed Bitcoin in the last […]
Next-generation clean energy technologies are reducing overall global energy demand and helping to make the energy supply side climate neutral. 2022, by all accounts, will be the year that makes the energy mix cleaner, more […]
Stock in the electric-vehicle maker is up more than 38% since Donald Trump won the US presidential election Tesla stock has extended its post-election rally, shooting up almost 8% on Monday after surging nearly 30% […]
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.