The Bitcoin mining ecosystem is developing rapidly, and its clean energy utilization has made significant progress. According to Woocharts data, the proportion of clean or sustainable energy used in mining is currently 56.76%. BTC clean energy use has been steadily increasing since April 2021.
The platform uses the Cambridge Center for Alternative Finance's definition of sustainability in its calculations to measure its clean energy use, and the relevant indicators depend on the proportion of crypto mining operations from energy sources such as wind, solar, hydropower and even nuclear power.
In the past few years, Bitcoin mining companies such as Riot Platforms and MARA Holdings have increased their investment in clean energy. However, in the context of the current global energy crisis, mining costs continue to rise. In response to this situation, most mining companies are using their surplus capital to buy Bitcoin.