Nvidia CEO believes Bitcoin mining can help optimize energy use
Nvidia CEO Jensen Huang stated that Bitcoin mining might solve a real daily problem faced by energy networks: wasted excess electricity. He explained that Bitcoin captures this surplus energy and stores it in a new form — currency, which can then be used anywhere.
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Huang emphasized that mining enables the extraction of unused energy from one location, converting it into digital currency that holds value and mobility. According to him, this process could encourage more efficient energy management and reduce wastage.
Therefore, the Nvidia leader sees Bitcoin mining not only as financially beneficial but also as a potentially vital tool for energy infrastructure, which could enhance the stability and efficiency of power grids.