Report: 76% crypto miners use renewables as part of their energy mix
Cointelegraph
Published Oct 01, 2020 06:21AM ET
Updated Oct 01, 2020 08:00AM ET
The rising energy demand of proof-of-work cryptocurrencies such as Bitcoin (BTC) has been a hotly debated topic. But the 3rd Global Cryptoasset Benchmarking Study by the University of Cambridge shows that 76% of cryptocurrency miners use electricity from renewable energy sources as part of their energy mix.
The study found that over 39% of the total energy consumed by PoW cryptocurrencies including Bitcoin, Ether (ETH), Bitcoin Cash (BCH) and others comes from renewable energy sources.
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Written By: Cointelegraph
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