Global Bitcoin mining ‘one of the most sustainable industries globally,’ BTC Mining Council claims
The use of sustainable energy in Bitcoin (BTC) mining reached 59.5% globally in Q2 2022, a 6% year-on-year increase from Q2 of last year, the Bitcoin Mining Council (BMC) estimates. This makes Bitcoin mining “one of the most sustainable industries globally,” according to a July 19 press release by BMC.
BMC is a voluntary global forum of Bitcoin companies across sectors, including mining, which represents 50.5% of the Bitcoin mining network. It was founded in May 2021 with the help of some of the largest Bitcoin mining companies and MicroStrategy, with its CEO, Michael Saylor. Microstrategy is the biggest corporate holder of Bitcoin.The calculations are based on the results of BMC’s Q2 2022 survey, which indicated that BMC members and participants in the survey used 66.8% sustainable energy.
Source
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