LONDON: Bitcoin is struggling to go green, with the cryptocurrency making only slim gains in its usage of sustainable energy in the year to January, research by Cambridge university showed on Tuesday .
Projects have sought ways to shift bitcoin mining towards cleaner energy, such as repurposing heat byproducts from oil extraction for crypto mining. The role of sustainable power - classed as nuclear, hydro, wind and solar - in the mix barely rose, hitting about 38 per cent from 35 per cent a year earlier. Hydro dropped to 15 per cent from around 20 per cent.
Source: Digital Coin News (digitalcoinnews.net)
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