
This report explores the economic and environmental benefits of integrating solar energy into Bitcoin mining. Using a simulated PV system in the UAE, the study compares the profitability of mining with solar power versus selling electricity back to the grid β showing a faster return on investment with mining. It also highlights a major reduction in carbon emissions, while addressing challenges like e-waste from frequent miner upgrades and suggesting sustainable management strategies. Overall, the research makes a strong case for renewable energy solutions in Bitcoin mining, balancing financial gains with ecological responsibility.
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