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Bitcoin mining promotes the sustainable development agenda, with over 50% of energy coming from renewable sources.
According to Wu, the latest report from the Cambridge Centre for Alternative Finance (CCAF) shows that as of Q1 2025, the proportion of sustainable energy used in Bitcoin mining has risen to 52.4%, up from 37.6% in 2022. Natural gas has replaced coal as the market maker energy source, accounting for 38.2%. North America dominates global Bitcoin mining, with the United States accounting for 75.4% of global computing power and Canada for 7.1%. The study is based on a survey of 49 mining companies across 23 countries, of which 41% are publicly listed, covering approximately 48% of global Bitcoin mining activities.