Wednesday 12 April 2023

‘More than half of bitcoin now green-powered’

‘More than half of bitcoin now green-powered’

More than 50% of bitcoin mining now uses clean energy.

That’s the claim of new research by TradingPlatforms, after it was revealed that last year the mining of the cryptocurrency was responsible for 0.1% of worldwide emissions.

Clean energy sources are now being implemented far more frequently, the research alleges – with wind, solar, hydroelectric and nuclear now used half of the time to mine the coin.

Bitcoin has been slammed in recent years for its environmental impact, with an estimation that in 2020 mining used 75.4TWh of electricity – more than the entirety of Austria.

Written by

Bruna Pinhoni

Trending Articles