Bitcoin's price has dropped below $60,000, but the bigger story is how mining is getting cleaner. According to the Cambridge Centre for Alternative Finance, 52.4% of the electricity used by Bitcoin miners now comes from sustainable sources like hydropower, wind, solar, and nuclear. This is a major shift from a few years ago when coal dominated the energy mix. Miners are also capturing methane that would otherwise be vented into the atmosphere and using it to generate power. Many operations have relocated to regions with cleaner grids, including Canada, Paraguay, and parts of the United States. Natural gas from flared oil wells remains a common fuel source, but the overall carbon intensity of mining is dropping. The article covers how Bitcoin's energy use is changing and what that means for emissions. It is worth reading for anyone tracking how high-energy industries are adapting to pressure for lower carbon footprints.
