Feb 25, 2021

Beware of Lazy Bitcoin Research | Insights

Posted by in categories: bitcoin, energy, sustainability

Bitcoin mining is mainly driven by renewable energy — hydro (by far the largest component), solar, wind and geothermal. Period.

In fact, we’ve estimated the lower bound of renewables penetration in the bitcoin mining energy mix to be 77.6%.

From 2018, but it’s likely gotten better since then.

Addressing the dangers of lazy crypto industry research, and aiming to debunk the negative narrative that bitcoin detractors are attempting to create.

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