Tesla, Block, and Blockstream are teaming up to mine bitcoin using solar power.

April 9, 2022

The solar power infrastructure to mine bitcoin will be powered by the electric-vehicle maker.e maker Tesla.

Block and Blocktream had earlier hinted at collaborating to build an open-source and solar-powered bitcoin mining facility in the US.aker Tesla.

Blockstream CEO revealed  that the bitcoin mining facility is designed to be a proof of concept for 100% renewable energy.ker Tesla.

High energy consumption has been a major issue with bitcoin mining, but more and more miners are now turning to renewable energy.er Tesla.

Earlier, Tesla had stopped accepting bitcoin payments citing environmental reasons.Tesla.

Several from the crypto industry, including Ripple’s Chris Larsen, have advocated for bitcoin to change its model from proof-of-work to proof-of-stake, to reduce energy consumption.sla.

"Bitcoin is not the question, bitcoin is the answer," ~ Blockstream CEO, Adam Back.