Bitcoin mining has reached a milestone of obtaining at least 50% of its energy from renewable sources, fulfilling the condition set by Elon Musk three years ago. This progress is a result of miners relocating to regions with cleaner and cheaper power, such as Quebec, Iceland, and Texas. However, despite the increase in renewable energy use, Bitcoin mining still consumes a significant amount of electricity and is responsible for carbon emissions. Hydropower is the leading renewable energy source for Bitcoin mining, followed by wind and nuclear power. Solar energy and geothermal energy are also being utilized to a lesser extent. Coal and natural gas still contribute to the energy mix, although coal's share has decreased. The question remains whether Tesla will reinstate Bitcoin payments now that the renewable energy threshold has been met. Potential factors influencing this decision include politics, as Elon Musk has established ties with Donald Trump, who has expressed support for Bitcoin.



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