From upstate New York hydroelectric plants to volcanoes in El Salvador, some Bitcoin miners are looking for cheap energy—just as long as it’s renewable. Bitcoin has earned a notorious reputation for its carbon emissions due to the network's energy use, which resulted in a series of tweets in May by Tesla CEO Elon Musk, who said his electric car company would no longer accept Bitcoin for payments because of environmental concerns surrounding the use of fossil fuels to mine the asset. U.S. lawmakers, like Sen. Elizabeth Warren, have also criticized the energy expenditure of the cryptocurrency.
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