The Bitcoin Mining Council (BMC) initiative group, which includes miners from North America, reported that 56% of the energy for bitcoin mining comes from renewable sources.
The group, organized at the end of May, aims to develop new transparency standards for BTC mining and raise public awareness. In their first study, BMC representatives received “feedback from 32% of the Bitcoin network participants as part of a“ voluntary survey ”.
“The survey results show that BMC members and volunteer survey participants use clean energy to mine bitcoin 67% of the time,” the researchers write.
Further, analysts extrapolated this data and found that, in the world as a whole, 56% of the energy for Bitcoin mining is taken from renewable sources. However, it should be noted that the survey and the extrapolation technique make this result overly optimistic.
There were only three points in the survey:
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How much energy do all of your farms use?
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What percentage of clean energy do you use?
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What is the overall hashrate of your hardware?
At the same time, the survey does not specify what exactly is meant by “clean energy”. In addition, the researchers did not check the responses received in any way, and the choice of survey participants may be unrepresentative.
Recall that the initiators of the creation of BMC were Tesla CEO Elon Musk and MicroStrategy CEO Michael Saylor.
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