Bitcoin mining isn’t destroying the planet, it’s creating a solution to key problems of renewable energy.This episode is sponsored by Nexo.io.Today on the Brief:Crypto M&A heats upIs ETH deflationary now?Cathie Wood is the Michael Saylor of Coinbase stockOur main discussion:Square’s Bitcoin Clean Energy Initiative and ARK Investments have teamed up to release a memo about how bitcoin addresses key issues in the renewable energy space. Not only do renewables make sense as an energy source for mining, but bitcoin mining as “the energy buyer of last resort” could address key issues of intermittency and grid congestion. -Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.-Join thousands of newsmakers and influencers talking the future of money at Consensus 2021, a live virtual experience from CoinDesk. (Use discount code "BREAKDOWN" to save $25!) -Image credit: Iaremenko/iStock/Getty Images PlusSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.