Bitcoin mining drives sustainability, with over 50% of energy coming from renewable energy The Bitcoin mining industry not only continues to improve in technology, but also makes significant progress in sustainable development, but energy issues are also a common concern for the public! According to the Cambridge Alternative Financial Center Mining report, although Bitcoin mining annual electricity consumption increased by 17% to 138 terawatt hours, more than 50% of its energy consumption comes from renewable energy sources such as hydropower and wind. This data shows that the Bitcoin mining industry is achieving long-term sustainability through diversification and innovation. The United States is still continuing to dominate the global Bitcoin mining industry, with 75.4% of the Bitcoin hash rate coming from the United States, followed by Canada, accounting for 7.1%. Although North America still dominates, emerging mining activities have also emerged in South America and the Middle East. In addition, the mining machine market is highly concentrated, with Bitmain accounting for 82% of the share, and the top three manufacturers account for more than 99%. Although ASIC efficiency increased to 28.2 joules per terahertz, an increase of 24% year-on-year. But electricity costs are high, accounting for more than 80% of operating expenses, with an average of US$45 per megawatt-hour and an average of US$55.50 per megawatt-hour. Although the halving incident has put pressure on mining profit margins, the industry is maintaining profitability by improving efficiency and optimizing power management strategies. In order to avoid risks such as energy price fluctuations and regulatory uncertainties, mining companies have actively taken response measures such as diversified layout, regional expansion and power hedging. At the same time, more and more mining companies are actively entering the field of high-performance computing, making energy innovation the core operational focus. More than 70.8% of mining companies are also involved in the development of natural gas combustion waste heat recovery solutions to achieve more effective integration with the power grid. This fully reflects the unremitting efforts of the entire industry to reduce its own environmental impact. In general, the Bitcoin mining industry is moving towards a more sustainable and diversified operating model. Although there are some challenges, the industry is gradually becoming greener and more efficient through technological innovation and environmental protection measures. How do you think the future of Bitcoin mining will develop? Will it be based on diversification based on high-performance computing, or will it continue to rely on traditional models? Leave a message in the comment area to discuss! #Bitcoin Mining #Sustainable Development #Environmental Protection #Technical Innovation