Bitcoin Mining Shifts to Renewable Energy Sources

Bitcoin mining undergoes green revolution as miners increasingly tap into renewable energy sources, addressing environmental criticism. - Energy Mix: Hydroelectric (35%), solar (15%), wind (10%), and other renewables power majority of mining. - Geographic Shift: Mining moves from coal-heavy regions to areas with abundant renewable energy like Iceland, Norway, and Texas. - Innovation: Miners partner with renewable energy developers to monetize stranded energy and stabilize power grids. - Economic Benefits: Low-cost renewable energy makes mining more profitable while reducing carbon footprint by 50% since 2020.