Oct 25th 2021
The Bitcoin network runs on renewable energy
Since bitcoin miners have economic incentives to utilize renewable energy, their sustainable power mix is almost three times higher than the world average.
Source: Bitcoin Mining Council
Bitcoin Mining Council (BMC) recently published "Global Bitcoin Mining Data Review: Q3". BMC is a data-sharing forum with some of the world's largest mining companies as members.
BMC estimates the sustainable power mix* for bitcoin mining to be 58%, compared to 22% for the world.