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Cryptocurrency News

This Earth Day analysts say Bitcoin mining is naturally gravitating to green energy

04/22/2022

Less than a minute

2022.04.22 09:02

April 22 is Earth Day and with environmental sustainability one of the key topics in the global debate surrounding Bitcoin mining, analysts say the industry has begun to naturally gravitate towards cleaner and cheaper energy sources.

According to a January report by the Bitcoin Mining Council, by Q4 2021, the global Bitcoin mining industry ran on an estimated 58.5% renewable energy.

Norway contributes about 1% o the total Bitcoin hashrate: CoinShares

Source

04/22/2022

Less than a minute