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Bitcoinist
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Bitcoin Mining’s Energy Shift: Coal Use Drops While Renewables Rise
- Coal usage in Bitcoin mining has dropped from 63% in 2011 to 20% in 2024.
- Renewable energy's share in BTC mining has steadily increased by 5.8% annually.
- BTC's future energy consumption depends on further shift to renewables.
- Despite positive developments, BTC's energy consumption may increase significantly by 2030.
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