Research believes: 74% of mining activities rely on renewable energy

According to CCN, recent research by CoinShares shows that 74% of mining activities rely on renewable energy. According to Coinshares, bitcoin mining is concentrated in areas where global renewable electricity supply is sufficient. It is conservatively estimated that the penetration rate of renewable energy in supporting the energy mix of Bitcoin mining is 74.1%, which makes bitcoin mining more dependent on renewable energy than almost all other large industries in the world.