Bitcoin Mining Achieves 56.2% Sustainable Energy Usage, Reaches Three-Year High

Jul 12, 2024, 02:23 PM

Bitcoin mining has reached a new all-time high in sustainable energy usage, now at 56.2%. This achievement surpasses the 55.8% threshold, making Bitcoin mining more sustainable than any other industry. Elon Musk had previously stated that Tesla would accept Bitcoin if it reached 50% renewable energy usage. At the current rate of increase, Bitcoin mining is projected to cross 60% sustainable energy usage by July 2025 and reach 80% by the end of 2030.