The race is on to power Bitcoin mining with clean energy. Find out how miners are turning to renewables and reducing their environmental impact
to solve challenging mathematical puzzles. Initially, the majority of Bitcoin mining took place in China, which is also the biggest generator of coal-based electricity in the world. As a result, non-renewable energy sources accounted for a sizable amount of the energy utilized to mine BTC.
Miners typically purchase electricity from energy providers, such as utility companies or independent power producers, to mine BTC. They then use that electricity to power their mining equipment. This can include both traditional energy sources, such as coal or natural gas, as well as renewable energy sources, such as solar or wind energy.
By establishing and running their own renewable energy facilities, such as solar or wind farms, Bitcoin miners can also take on the role of energy users and function as energy purchasers. By doing this, they support the switch to sustainable energy sources as well as securing energy for their mining activities.
In the context of Bitcoin, gridless computing, which refers to the usage of alternative computing resources such as edge devices, can encourage the use of renewable energy resources to mine BTC in Africa. That said, gridless computing offers an alternative to the centralized electrical grid, which is often unreliable or unavailable in many parts of the continent.
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