Elon Musk's abrupt reversal on bitcoin conflicts with research from Cathie Wood's Ark Invest that argues mining is actually environmentally beneficial
alphanewsstream
2021-05-13 16:30
Elon Musk's abrupt reversal on bitcoin conflicts with research from Cathie Wood's Ark Invest that argues mining is actually environmentally beneficial
"Bitcoin mining could encourage investment in solar energy systems, enabling renewables to generate a higher percentage of grid power," Ark researchers said last month.

Cathie Wood is the founder, CEO, and CIO of ARK Investment Management. Elon Musk is the SpaceX owner and Tesla CEO.
Ark Invest, ...

https://www.businessinsider.com/elon-musk-bitcoin-reversal-cathie-wood-ark-invest-research-tesla-2021-5

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