Feb 25, 2021
Beware of Lazy Bitcoin Research | Insights
Posted by J.P. Medved in categories: bitcoin, energy, sustainability
Bitcoin mining is mainly driven by renewable energy — hydro (by far the largest component), solar, wind and geothermal. Period.
In fact, we’ve estimated the lower bound of renewables penetration in the bitcoin mining energy mix to be 77.6%.
From 2018, but it’s likely gotten better since then.
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