The US dominates the BTC mining in 75.4% as the use of pure energy is 52.4%: report

According to new studies by the CCCAF Center for Cambridge, the North American is now 82.5% of the global Bitcoin mining power.

The report is based on the answers of 49 mining companies in 23 countries, which accounts for almost half of the Bitcoin network content.

Sustainability practices

Its study highlighted the increase in sustainable energy consumption: 52.4% of miners relied on renewable energy by 42.6% and nuclear energy 9.8%, compared to 37.6% in 2022. Natural gas also became the cutting -edge one of the energy sources at 38.2%, which fell over the accumulated coal, which fell from 36.6% to 8.9%.

On the other hand, the annual electricity consumption of the network rose to 17% to 138 TWh, which is about 0.54% of the use of electricity. This growth came in spite of the improvement of 24% in the efficiency of mining devices, which is estimated at 28.2 joules per temade (J/TH) by mid -2012.

Electricity is the dominant operating costs for miners, accounting for more than 80% of cash -based costs, with an average rate of $ 45 per MWh.

The greenhouse gas emissions of the industry are estimated at 39.8 million tons of CO₂ each year, which is about 0.08% of global emissions. According to the study, this number may fall to 32.9 million tonnes in cases where burned gas is used. 70.8% of miners also reported climate relief measures, such as the restoration of waste and in terms of demand (DSR), 888 GWh with reduced load in 2023.

Meanwhile, some companies, the leading ASIC manufacturer Bitmain, dominate the mining supply market, with 82% of the market, while the firmware market is diverse. In addition, about 86.9% of the decisions of the decisions have been redesigned or recycled, with an estimated E-waste-related e-waste related to the mining in 2024.

Market domination and challenges

The study also shows that more bitcoin mining is located in northern American, the United States accounts for 75.4%and Canada follows 7.1%. However, he noted that activity is also increasing in evolving markets such as South American and Middle East.

Economically, the US mining sector has become the main contributor. In a separate report of the Perryman Group, the industry produces over 31,000 jobs and adds more than $ 4.1 billion a year to gross products. Texas runs $ 1.7 billion and 12,200 jobs, followed by Georgia ($ 316.8 million, $ 2,300) and New York ($ 225.9 million, $ 1,600).

Despite the momentum, the CCAF analysis shows that the mining industry is still facing some challenges, including regulatory uncertainty, fluctuating energy prices and unpredictable Bitcoin market conditions. As a result, more players turn to diversification strategies in areas such as AI calculation and energy innovation to maintain profitability.