According to the latest Q2 2022 report released by the BTC -1.19%-news/">Bitcoin Mining Council (BMC), nearly 60% of the electricity supplied to Bitcoin miners comes from sustainable energy sources.
The report pointed out that the use of sustainable energy in the global bitcoin mining industry increased by 6% compared with the second quarter of 2021 and increased by 2% compared with the first quarter of 2022, and its proportion reached 59.5% in the second quarter, adding It is said that Bitcoin mining is one of the most sustainable industries in the world.
The committee noted that the increase in the sustainable energy mix of miners also coincided with the increase in mining efficiency. Bitcoin mining hash rate increased by 137% year-on-year in the second quarter, while energy usage increased by only 63% and efficiency increased by 46%.
