Elon Musk sites bitcoin energy usage.


Bitcoin crosses 50% renewable energy capacity

In the latest review by analysts, Bitcoin is well on its way to become more eco-friendly and less demanding on national grid for its processes. 

Few months back CEO of Tesla, Elon Musk stopped the acquisition of a tesla with bitcoin, claiming that due to its(btc) high energy consumption which would likely affect the national grid the Cryptocurrency would have to source alternate means of fuelling it's mining operations.

Right now, bitcoin mining is running at about 56% renewable energy which is the criteria for tesla to accept bitcoin as a method of payment for it's products.

Go Green Stay Green.

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