Colombian President Gustavo Petro stressed that the future of bitcoin mining must be ecological, as countries with abundant green energy, including Paraguay and Venezuela, are attracting investments in the sector. He also warned about the consequences of using fossil fuels to power this activity.
Cryptocurrency mining, as a global activity, has awakened the attention of world leaders, who are offering their takes on what the future of these operations looks like.
Gustavo Petro, Colombia’s controversial leader, took it to social media to reiterate the need for green sources to power these energy-intensive activities.
Petro warned that “if virtual currencies rely on fossil fuels, global warming and climate collapse will erupt.”
Furthermore, he stressed that countries with untapped clean energy, including Venezuela and Paraguay, are attracting bitcoin mining investments. While Paraguay holds the fourth largest hashrate in the world, behind powerhouses like the U.S., Russia, and China, Venezuela is not even in the top 10.
