Is Bitcoin actually driving demand for renewable energy? The debate rages on, but one analyst, tech entrepreneur and quasi-environmentalist Daniel Batten, believes it\'s a resounding yes. Batten recently argued that Bitcoin mining incentivizes the construction of new renewable energy plants and, surprisingly, helps decarbonize power grids. His core argument: Bitcoin mining drives increased demand for electricity and, therefore, directly fuels investments in renewable energy plants. Mining is particularly suited to intermittent power sources like solar and wind, allowing them to be profitable even when they aren\'t constantly producing at full capacity. But is this just wishful thinking?
A new study from Cambridge University offers compelling evidence, revealing that sustainable energy now powers 52.4% of Bitcoin mining. This marks a significant shift towards greener energy sources, and supports the claim that Bitcoin\'s energy consumption might not be the environmental disaster many feared.
Proponents of Bitcoin have long argued that the demand for electricity from Bitcoin miners can indeed lead to an increase in renewable electricity capacity. But critics remain skeptical, citing concerns about the overall energy consumption. We rigorously evaluate this claim by examining the latest data and expert opinions.
Even professional services firm KPMG weighed in on the debate. According to KPMG, the answer to whether Bitcoin drives renewable energy demand is a resounding yes, as stated in a recently published report. KPMG makes the case that Bitcoin can serve a number of... (additional benefits, implied but not specified in snippets). While the future of Bitcoin\'s energy footprint remains to be seen, the evidence suggests that it may be a catalyst for renewable energy growth. 21 de sept. de 2025 is a date to watch, as industry experts predict further developments in Bitcoin\'s energy landscape.