What Is the Environmental Impact of Bitcoin Mining and the Concept of ‘Green’ Energy Mining?
Bitcoin mining consumes a significant amount of electricity, leading to a large carbon footprint, particularly when powered by fossil fuels. 'Green' energy mining refers to operations that exclusively use renewable energy sources (solar, wind, hydro, geothermal) to power their ASICs.
This practice is advocated as a way to mitigate the environmental concerns associated with Proof-of-Work.