What are the potential regulatory or ethical challenges?
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Bitcoin miners can play a significant role in the renewable energy sector through Renewable Energy Credit (REC) trading. Utilizing renewable energy sources not only reduces costs but also addresses environmental concerns. By trading RECs, miners can lower their carbon footprint and support sustainable energy projects.
Potential Challenges
Regulations: REC trading is subject to regional and international regulations, making compliance a complex process.
Ethical Concerns: Without transparency, such initiatives might face criticism as "greenwashing."
Market Volatility: Fluctuations in REC prices could impact energy strategies.
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