Sustainable Electricity Use Reaches 59.5% – Bitcoin Is Greener Than Ever, and the Best Is to Come.

Bitcoin Mining is 58X more efficient over the last 8 years.

The Bitcoin Mining Council (BMC) has released its fifth quarterly report. The data collected by the BMC concerns 45 miners representing more than 50% of the miners on the Bitcoin network. This report is therefore highly anticipated to see the progress made by Bitcoin in the use of renewable energy in particular.

The report first tells us that the miners …