Post
Topic
Board Bitcoin Discussion
Re: China closing much of it’s Bitcoin mining
by
NeuroticFish
on 23/06/2021, 07:53:28 UTC
With China’s coal powered mining ceasing, we may be able to see a quick and significant movement in the percentage of clean energy Bitcoin Mining….

It doesn't work like that. Miners are using the energy that's cheap and at hand, no matter it's clean or not. It's all about profit.
I've read today that BIT Mining Moves Machines From Sichuan to Kazakhstan. A total of 120.5 PH/s is getting relocated in 3 batches. And would you think that Kazakhstan's electricity is cleaner? Well, from what I've read, 13% is clean (hydro). Other renewable sources are being implemented or planned. Does that mean that mining will use more renewable energy? Nope. Not yet.