The Bitcoin Mining Council has confirmed that 58% of BTC is mined with renewable energy. Up from 51% in the last report.

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A report that probably does not have any major influences on the market right now but is very good for the long-term future of Bitcoin. The Bitcoin Mining Council has updated that Bitcoin miners are using 58% renewable energy to mine BTC. Even for the last few months this report was constantly over 50%. Showing a good development in crypto mining.

The price won’t rally on that and should not, because we’ll it’s just another report and not the very reality but such an “official” report showing improvements clearly indicates that we are actually having improvements.

Whether Elon Musk is now gonna get back to Bitcoin as he once said, unlikely because “environmental concerns” never were the real concerns it probably was marhet volatility and pressure from anti-crypto advocates after all.

submitted by /u/partymsl
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