Kazakhstan’s share in the global Bitcoin (BTC) hash rate decreased to 6.4% since the first quarter of 2022, which brought the carbon emissions of the whole network down 10%, according to ClimateTech Vice Chair Daniel Batten’s recent analysis.
Batten said that the mainstream media failed to reveal this impact, which proves that the BTC network “keeps tracking in the right direction.”
As Batten shared, the BTC network currently relies on zero-emission energy resources, which account for 52.2% of the network’s energy use. This marks a 2.9% increase in clean energy usage since the beginning of 2022. The remaining 47.8% still uses fossil fuels, contributing to carbon release.
All Comments