“We believe that companies that are focusing on more renewable energy sources are going to win in the end,” as alternative energy sources such as hydro-electric, solar and natural gas will be able to provide better cost savings to miners as opposed to traditional sources of energy such as coal, the fund’s Chief Investment Officer Steven McClurg told CoinDesk. He added that “coal energy is going to cost a whole lot more in the future.”
Source: https://www.coindesk.com/business/2022/02/08/valkyrie-bitcoin-miners-etf-managers-bullish-on-green-firms-as-fund-begins-trading/?utm_medium=referral&utm_source=rss&utm_campaign=headlines