The share of sustainable energy sources in Bitcoin mining reached 52.4% compared to 37.6% in 2022. This data is provided in the report by the Cambridge Centre for Alternative Finance (CCAF).

In the current figure, 42.6% comes from renewable sources, 9.8% from nuclear power. The share of natural gas increased from 25% to 38.2%, while the use of coal generation fell from 36.6% to 8.9%.

Data: CCAF.

Researchers collected data through a survey of 49 mining companies that control about 48% of the cryptocurrency's hash rate. The headquarters of the respondents are located in 17 jurisdictions, and mining operations are conducted in 23 countries.

Experts noted that the focus of the study on North American companies (75.4% of the examined activity was attributed to the USA) somewhat distorts the overall picture. However, CCAF specialists believe that the results accurately reflect the trends and issues in the industry.