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- Bitcoin mining is projected to be 70% powered by renewable energy by 2030.
- Companies are relocating operations and scaling hydro-powered facilities for greener Bitcoin mining.
It is estimated that by 2030, around 70% of Bitcoin mining activities will be supported by renewable energy. This is not an empty dream. The latest data shows that since 2011, the proportion of green energy in this sector has continued to increase, from only 20% to 41%. This projection is not without basis. If this trend continues, the use of clean energy could become a major pillar of the global mining industry in the next five years.
JUST IN: The Bitcoin network to be 70% powered by sustainable energy sources by 2030. 🍃🌿🍃🌿 pic.twitter.com/mVwKqFXnQQ
— Bitcoin Archive (@BTC_Archive) April 20, 2025
The entry of more companies into areas with abundant clean energy supplies strengthens this direction. For example, HIVE Digital Technologies has just completed a Bitcoin mining facility in Paraguay with a capacity of 100 MW.
This facility is supported by a 200 MW substation and is targeted to be able to produce up to 12 BTC per day by the end of 2025. HIVE even set a global hashrate target of 25 EH/s before the end of the year.
US Tariffs And Political Moves Stir The Bitcoin Mining Sector
However, behind this shift to green energy, there are geopolitical challenges that cannot be ignored. The United States has imposed import tariffs of between 24% and 46% on mining machines from Southeast Asia, such as Vietnam, Thailand, and Malaysia.
This move has sparked unrest, considering that most miners in the US still rely on imported devices. It is no wonder that companies like Bitfufu and Bitdeer are starting to look elsewhere, such as Ethiopia and Bhutan.
On the other hand, the Trump family has also enlivened this mining landscape. Eric Trump and Donald Trump Jr. launched a company called American Bitcoin with Hut 8. With Eric as Chief Strategy Officer, they are targeting maximum efficiency and the construction of strategic Bitcoin reserves.
Hut 8 holds 80% of the shares, while the rest is held by American Data Centers. The goal is not just profit, but also political and economic positioning.
Meanwhile, as of the writing time, BTC is swapped hands at about $87,599.84, up 2.92% over the last 24 hours and 3.69% over the last 7 days.
Green Energy Doesn’t Mean Zero Environmental Cost
Although many parties welcome the adoption of green energy, research from Harvard quoted by CNF reminds us not to applaud too quickly. Research led by Dr. Francesca shows that the environmental impact of Bitcoin mining is not only felt in the mining area.
Big cities like New York, Houston, and Northeast Texas are said to have been affected by this operation. Imagine if the neighbors next door to the mine were still affected, even though their homes were thousands of miles away.
So while the future looks greener, the transition is not without its carbon footprint. The big question remains: how clean is really clean?
