The use of sustainable energy in Bitcoin $95,068 mining is drawing attention with recent developments. According to Woocharts data, the rate of clean energy used in mining has reached 56.76%. This percentage has reignited discussions about environmental sustainability, highlighted by Tesla CEO Elon Musk’s 2021 condition for accepting Bitcoin payments.
Clean Energy Surpasses 50% Threshold
Woocharts emphasizes that the clean energy rate utilized in Bitcoin mining has shown a steady increase since April 2021. This rate relies on renewable energy sources such as wind, solar, hydroelectric, and nuclear power. Evaluated through the definitions of the Cambridge Centre for Alternative Finance, this metric aids in reducing the environmental impacts of Bitcoin mining.
It is known that Elon Musk has pledged to continue accepting Bitcoin payments if the clean energy usage rate exceeds 50%. However, how these new data will shape Tesla’s decisions remains uncertain.
Mining Companies Diversify Investments
Companies like Riot Platforms and MARA Holdings are among …
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