Bitcoin Mining Becomes More Sustainable in the Last Quarter of 2021

According to the latest data from the Bitcoin Mining Council (BMC), the global Bitcoin mining industry powered by renewable energy rose by a hundred basis points to 58.5% in the last quarter of 2021, compared to the third quarter.

Bitcoin Mining Council (BMC) on January 18 for the last quarter of 2021 use of renewable energy and electricity together, technological efficiency and electricity consumption published survey data focusing on

In the survey, the global Bitcoin network 46%miners who make up use of renewable energy place was given. According to the survey BMC 66.1% renewable energy and electricity together uses. BMC, 2021 in the fourth quarter of in the global Bitcoin mining industry electricity use with renewable energy 58.5% said that. Values ​​increased by a hundred basis points compared to the third quarter. Industry forecast technological efficiency also 9% increasing per MW 19.3 petahashreached .

CEO of MicroStrategy and a key member of BMC Michael Saylor about the topic;

This quarter saw the continuation of the energy efficiency and sustainability trend in Bitcoin mining, with advances in semiconductor technology, the rapid growth of North American mining, the departure of miners from China, sustainable energy and the worldwide transformation towards modern mining techniques.

made statements.

Also co-founder of Core Scientific and BMC Darin FeinsteinMembers participating in BMC hash rate in the fourth quarter 77% He said it has increased.

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