Bitcoin Mining Council: "56% of energy for mining BTC is taken from renewable sources" - Bits Media

Initiative group Bitcoin Mining Council (BMC), which includes miners from North America, reported, what 56% energy for bitcoin mining comes from renewable sources.

The group organized at the end of May aims to develop new standards transparency during BTC mining and increasing public awareness. In their first study, BMC representatives as part of a “voluntary survey” received “feedback from 32% Bitcoin network participants ".

“The results of the survey show, that BMC members and participants in a voluntary survey use net energy for mining bitcoins in 67% cases ", - the researchers write.

Further, analysts were extrapolated this data and received, that in the whole world 56% Energy for mining bitcoin is taken from renewable sources. However, it is worth noting, that a survey and extrapolation technique make such a result too optimistic.

There were only three points in the survey:

How much energy all your farms consume?
What percentage of pure energy do you use?
What is the general hashrate of your equipment?

At the same time, the survey does not specify, what exactly should be understood by "pure energy". Besides, Researchers did not check the answers received in any way, and the choice of survey participants can be non -presented.

Recall, that the initiators of the creation of the BMC were Tesla General Director Ilon Musk (Elon Musk) and CEO of Microstrategy Michael Seilor (Michael Saylor).