Last year Bitcoin (BTC) The impact of mining on the environment has been a hotly debated topic.
Created by volunteers and collected yesterday “Bitcoin Mining Council” (BMC) It published its third quarter report of 2022.
According to data obtained by BMC, global Bitcoin mining consumes only 0.16% of world energy production.
Founder and former BMC Michael Saylor, CEO of MicroStrategy He explained the results with a video.
Saylor, known for his support for Bitcoin, said that Bitcoin mining consumes very little energy and said that this issue is exaggerated.
“Bitcoin mining uses a negligible part of the global amount of energy produced.
In the third quarter of 2022, this figure represents 16 basis points (bps) or 0.16% of the world’s energy.”
Stating that the total amount of energy consumed worldwide is 165,317 TWh, Michael Saylor said, BTC He said his mining uses only 266 TWh of that energy.
Saylor also pointed out that one-third of total global energy use is actually wasted energy, “Bitcoin uses only a small fraction of the amount of energy.” said.
Michael Saylor also said that Bitcoin mining is the industry leader in sustainable energy:
“Bitcoin has been the industry leader in sustainability using 59.4% sustainable energy for six consecutive quarters.
It is also difficult to find another industry that uses sustainable energy as highly as Bitcoin.”
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