Quote from: Fundamentals Of on Today at 04:27:51 AM

By the way, do you have the figures supporting that Bitcoin is not turning green? Because data coming from the link says the Bitcoin mining industry uses 56% green energy. A quarter prior to that, the figure was only 36.8%. But everyone is free to think otherwise so that they could remain avid fans of Elon Musk.

Yeah right...

Quote

The global bitcoin mining industry’s sustainable electricity mix more than doubled to around 56% during the June quarter, making it one of the most sustainable industries worldwide, according to a report by Bitcoin Mining Council (BMC).

Of course, I'm not going to believe Musk because he has an agenda but I'm going to believe the Bitcoin Mining Council because they don't have one!
They have zero interest to say something that might not be true.

So we jumped from 36% to 56% how?
Everyone was claiming that China was green, used only hydro, 70% of their hashrate was in Sichuan, so how closing down that source of energy and moving to Kazahstan who has barely renewables and opening and expanding coal power plants in the US (by the same mining council) has somehow made things twice as green?

Let's check the numbers, if we had 36 out of 180 exa, then previously we had 64.8 exa of green-powered hashrate.
Now, we're down to 100 exa and we have 56% so 56 of green-powered hashrate.

What would that mean? That out of 80 exahash turned off in China only 8 were powered by green energy, so 90% of it was dirty?
But...Sichuan...but hydro... don't be a sheep!!!!