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Renewable Energy Drives Bitcoin Mining, Environmental Impact Less Than 0.17% Globally

Renewable Energy Drives Bitcoin Mining, Environmental Impact Less Than 0.17% Globally

CointimeCointime2023/11/10 07:36
By:Cointime

Fidelity Digital Assets' report offers a positive assessment of Bitcoin mining's environmental impact, noting that most Bitcoin mining relies on renewable energy sources. Data from the 'Global Cryptocurrency Benchmarking Study' estimates that 39% to 76% of miners use renewable energy, with Bitcoin mining's CO2 emissions accounting for only 0.17% of global emissions.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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