Bitcoin mining is shockingly mostly powered by green energy

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A game-changing CoinShares report reveals that three-quarters of bitcoin mining is done using renewable energy including hydroelectric power.

By CCN: Contrary to popular opinion, it appears that Bitcoin mining might not be as bad for the environment as people think. In a highly detailed report, CoinShares research reveals that 74% of mining activity runs on renewable energy.

“We show that Bitcoin mining is mainly located in global regions where there are ample supplies of renewable electricity available. And…we calculate a conservative estimate of the renewables penetration in the energy mix powering the Bitcoin mining network at 74.1%, making Bitcoin mining more renewables-driven than almost every other large-scale industry in the world.”

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Searaser Uses Wave Power To Store Energy

Searaser Uses Wave Power To Store Energy 

 Searaser

We’re stoked about that wave farm off the coast of Portugal, and now along comes another innovation that could top that: Searaser, a buoy-like device attached to the sea floor that uses wave power to pump water 650 feet uphill. When the energy is needed, that same water flows through a downhill pipe, powering a hydroelectric generator. This picture shows a small prototype, but its inventors say Searaser in its full-sized form could supply power to 470 houses.

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