Renewable Energy Drives Bitcoin Mining, Environmental Impact Less Than 0.17% Globally

Fidelity Digital Assets' report offers a positive assessment of Bitcoin mining's environmental impact, noting that most Bitcoin mining relies on renewable energy sources. Data from the 'Global Cryptocurrency Benchmarking Study' estimates that 39% to 76% of miners use renewable energy, with Bitcoin mining's CO2 emissions accounting for only 0.17% of global emissions.