The Bitcoin Mining Council reports that 60% of Bitcoin's global hash rate is now powered by renewable energy sources, crossing a key threshold that could neutralize environmental criticism of the network.
Energy Mix
- Hydroelectric: 28%
- Solar: 15%
- Wind: 12%
- Nuclear: 5%
- Natural gas: 25%
- Coal: 15%
The shift has been driven by miners relocating to cheap renewable energy sources in Paraguay (hydro), Texas (wind/solar), and Ethiopia (hydro). ESG-focused institutional investors cite this milestone as removing a major barrier to Bitcoin allocation.
