Bitcoin mining hits 52.4% sustainable energy use, surpassing Musk’s threshold

A new report from Cambridge University reveals that Bitcoin (BTC) mining now uses 52.4% sustainable energy, up from 37.6% in 2022. According to The Block, this surpasses Tesla CEO Elon Musk's threshold of 50% for resuming Bitcoin payments, though Tesla has not yet reintroduced this option. The report also highlights a shift from coal to natural gas as the primary energy source for Bitcoin mining.