According to reports, a recent analysis by Daniel Batten, vice chairman of Climate Tech, shows that 29 mining companies account for 16.48% of the entire Bitcoin (BTC) network and run on 90-100% clean energy. The percentage also shows that 52.2% of all BTC networks use clean energy. BTC’s renewable energy usage has been hovering above 40% in 2020, but this has dropped to 28.48% in 2021. But the use of clean energy has been on the rise since early 2022. The Bitcoin Mining Council also released a report in May 2022, which stated that 58.4% of BTC mining already uses clean energy. Elon Musk previously claimed that when it is confirmed that miners use a reasonable proportion of clean energy (about 50%) and this trend is established, Tesla will resume transactions with Bitcoin. Eyes have turned to this subject in particular.
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