Bitcoin mining using coal energy down 43% since 2011

Bitcoin mining using coal energy down 43% since 2011 — Report

The use of hydrocarbon fuels in mining Bitcoin has seen a sharp decline over the past 13 years, with the use of coal energy in mining dropping significantly. The share of coal energy use in Bitcoin BTC BTC - $83038.161 mining has dropped from 63% in 2011 to 20% in 2024, an average annual decrease of roughly 8%, according to a new report released on March 31 by the MiCA Crypto Alliance.

Source: cointelegraph.com

Related symbols: BTCUSD

2025-04-01 12:19:03 GMT.

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Price & Market Data

Price: $83038.161

Volume 24h: $43,079,075,693.26

Market Cap: $1,648,023,337,308.03

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,846,578. The last known price of Bitcoin is 83,162.94576799 USD and is up 1.55 over the last 24 hours. It is currently trading on 12006 active market(s) with $43,228,156,653.08 traded over the last 24 hours. More information can be found at https://bitcoin.org/.