Bitcoin Mining Using Sustainable Energy has Grown Since 2021
- Bitcoin mining using sustainable energy has been growing since 2021, reaching more than 50%.
- The energy consumption of Bitcoin mining has been a topic of heated discussions for the past few years.
- Analyst Daniel Batten tweeted that Bitcoin mining sustainable energy mix has been growing at a steady pace at the rate of 6.2% per annum.
From the recent analysis, it is revealed that the leading cryptocurrency Bitcoin has been showing a steady pace in its mining growth using sustainable energy since 2021, climbing above 50%, providing an optimistic view.
Notably, over the past few months, Bitcoin mining powered by sustainable energy has been challenging the governments and regulators across the world who debate over the energy consumption of Bitcoin.
Since the beginning, Bitcoin’s rate of energy consumption has been a topic of stark criticism and long-held debates among environmentalists. Consequently, the Bitcoin miners were overwhelmed with overcoming the primordial complaints over the emerging technologies.
Recently, Bitcoin analyst Daniel Batten tweeted explaining the growth of Bitcoin mining with the help of sustainable energy since January 2020.
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