Expert fears resurgence of ‘environmental narrative’ as US coa | Coins▪︎Trading▪︎Crypto News
Expert fears resurgence of ‘environmental narrative’ as US coal miner generates $30 million by mining Bitcoin
Alliance Resource Partners (ARLP), a US-based coal mining company, said it has successfully mined 425 Bitcoin worth $30 million by harnessing excess energy from its facilities, according to its first-quarter earnings call. Over the past years, BTC mining companies have increasingly relied on green energy sources, with over 50% of their energy sources powered by renewable sources. ARLP’s entry into the BTC mining scene could prompt critics to renew their concerns about the environmental hazards associated with the sector.
