Bitcoin Mining Shifts to Renewable Energy Sources by 2030

Crypto compliance group MICA Crypto Alliance predicts that 70% of the energy used for Bitcoin mining will come from renewable sources by 2030. Their report, ‘Mining the Future: Bitcoin’s Carbon Footprint and the Path to 2030,’ details how the industry is transitioning away from fossil fuels towards cleaner sources. The report acknowledges Bitcoin’s high energy demands but highlights the growing proportion of electricity generated by renewables. This shift is driven by government policies, global energy trends, economic incentives, and a rising price for BTC, which will likely attract more miners to the network.