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THE MAJORITY OF BITCOIN MINING IS FUELED BY SUSTAINABLE ENERGY

  • Article
  • Feb 19, 2023
  • #BitcoinMining #Sustainability
Daniel Batten
@DSBatten
(Author)
bitcoinmagazine.com
Read on bitcoinmagazine.com
1 Recommender
1 Mention
This article provides a look at my latest research, revealing how it came to be that a 2022 Cambridge Centre For Alternative Finance’s (CCAF) study on Bitcoin’s environmental impact... Show More

This article provides a look at my latest research, revealing how it came to be that a 2022 Cambridge Centre For Alternative Finance’s (CCAF) study on Bitcoin’s environmental impact underestimates the amount of sustainable Bitcoin mining going on. I also address why we can be very confident that the actual sustainable energy usage is at least 52.6% of Bitcoin mining’s total energy use.

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Troy Cross @thetrocro · Feb 20, 2023
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Excellent new analysis by @DSBatten explaining why the Cambridge estimate and the BMC estimate of bitcoin's energy mix are so far apart. In short: CCAF excludes some kinds of mining from its model, and has not updated. 👏👏👏
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