Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Topic OP
Why green bitcoin mining has become a trend?
by
Husires
on 18/07/2021, 18:15:01 UTC
⭐ Merited by Ratimov (2)
According to what I know, bitcoin mining needs energy, whether that energy is from the sun, coal, fossil fuels and others, mining needs energy, so using renewable energies will not give you an additional advantage or more profits. Why do some miners leave or use solar energy?
Does anyone have statistics or percentages of the extent of solar energy use, and is all this fuss because of Tesla, or is it media reports trying to gain more views?

Quote
The council revealed that it collected sustainable energy information from over 32% of the current global bitcoin network for its survey. The results showed that the members of the BMC and participants in the survey are currently utilizing electricity with a 67% sustainable power mix.

“Based on this data it is estimated that the global mining industry’s sustainable electricity mix had grown to approximately 56%, during Q2 2021, making it one of the most sustainable industries globally," BMC said in a release.