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    Home»Mining
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    Bitcoin Clean Energy Shift Crosses 50%, Pressuring Tesla to Act

    News RoomBy News Room2 weeks agoNo Comments3 Mins Read
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    Bitcoin has reached a major goal. More than half of its mining now runs on clean energy. This change has brought new hope to the crypto community, and also raises one big question. Will Tesla accept Bitcoin payments again?

    A Clear Shift Toward Cleaner Power

    New research shows that over 50% of Bitcoin mining uses clean energy. This includes solar, wind, hydro and nuclear power. A few years ago, the number was much lower. Miners depended a lot on coal and other fossil fuels.

    But things are different now, as many mining companies have moved to areas with cheap renewable energy. Some use extra solar power during the daytime while others use hydro plants that create electricity from flowing water.

    This shift has helped Bitcoin cut a big part of its carbon footprint. It also shows that mining can support clean energy growth.

    Musk’s Promise Still Stands

    In 2021, Elon Musk made a clear statement. He said that Tesla would accept Bitcoin again when clean energy use reached 50%. He also wanted to see a steady rise in the future.

    Now that moment has finally arrived. Bitcoin has crossed the mark he set, and many investors are wondering if Tesla will act soon. Musk has not made a new announcement yet, but the community is watching closely.

    Why This Matters

    Bitcoin has often been criticised for using too much energy. Many people thought it harmed the environment but now the new numbers tell a different story. Clean energy is now a major part of mining and this helps Bitcoin look more responsible.

    The change may also attract new investors. Furthermore, some companies only support projects that use sustainable energy. Bitcoin’s new progress can make it more appealing to them.

    Challenges Are Still There

    The improvement is real, but not perfect. Almost half of mining still uses non-renewable energy. Some areas depend a lot on natural gas, so it will take time to replace these sources.

    Mining also depends on global reporting, because not every miner shares exact details. Therefore, this makes it hard to track every location.

    Tesla’s Next Move Could Change Everything

    Bitcoin has passed a major milestone as clean energy now powers most of its mining activity. This could push Tesla to reopen Bitcoin payments. If that happens, it may give the market a strong boost.

    For now, the world waits for Tesla’s move. But one thing is clear, that Bitcoin is becoming greener, and the trend is growing stronger every year.

    Read the author’s full story here
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    News Room is the editorial team behind BlockedCubed, delivering timely news and insights on cryptocurrency, blockchain, and digital finance. Dedicated to clarity and accuracy, the team covers global trends shaping the future of crypto.

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