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Cambridge Bitcoin Mining Report - Alexander Neumüller (#187)

The Bitcoin Collective

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Shifting Sands of Bitcoin Mining Sustainability

This chapter explores the rise in sustainable energy use for Bitcoin mining, highlighting a jump from 37.6% to 52% in 2022. It reviews the geographical shifts of mining operations, focusing on the U.S. and South America, while discussing the implications of these changes on future sustainability. The chapter also addresses challenges in the UK mining landscape and the industry’s need for innovation through sustainable practices in response to environmental concerns.

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