A monthly research report called the Bitcoin ESG Forecast, authored by Daniel Batten, the managing partner of CH4 Capital, has revealed an interesting statistic about Bitcoin. Despite facing criticism for its heavy energy consumption and dependence on fossil fuels, it has been found that since January 2024, renewable energy sources have been responsible for powering over 54.5% of the Bitcoin network’s energy consumption.
Report predicts Bitcoin mining will become more sustainable due to halving of BTC