According to ChainCatcher news, recent data shows that the proportion of clean energy used in Bitcoin mining has reached 56.76%. This ratio has increased steadily since April 2021, demonstrating that mining companies are making significant progress towards sustainability. 🌱
Miners such as Riot Platforms and MARA Holdings have stepped up investments in clean energy sources such as wind, solar and hydro over the past few years. However, the global energy crisis has led to rising mining costs and mining companies are facing new challenges. ⚡
In order to cope with these challenges, many mining companies choose to use their remaining capital to purchase Bitcoin, hoping to remain competitive amid market fluctuations. 📈