US Dominates BTC Mining With 75.4% Share as Clean Energy Use Hits 52.4%: Report

Description

According to new research from the Cambridge Centre for Alternative Finance (CCAF), North America now accounts for 82.5% of the global Bitcoin mining power. The report draws from survey responses from 49 mining companies operating across 23 countries, accounting for nearly half of the Bitcoin network’s hashrate. Sustainability Practices The study highlighted a rise in sustainable energy use, with 52.4% of miners now relying on renewables at 42.6% and nuclear at 9.8%, up from 37.6% in 2022. Natur...