{"id":156166,"date":"2023-09-15T03:13:49","date_gmt":"2023-09-14T21:43:49","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=156166"},"modified":"2023-09-15T03:13:49","modified_gmt":"2023-09-14T21:43:49","slug":"bitcoin-clean-energy-usage-reportedly-exceeds-50-will-tesla-start-accepting-btc-payments-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-clean-energy-usage-reportedly-exceeds-50-will-tesla-start-accepting-btc-payments-crypto-news\/","title":{"rendered":"Bitcoin clean energy usage reportedly exceeds 50% \u2014 Will Tesla start accepting BTC payments? &#8211; Crypto News"},"content":{"rendered":"<div data-v-281e09ba=\"\">\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/top-people-in-crypto-and-blockchain-2023\/elon-musk-and-crypto-twitter\">Elon Musk<\/a> said in 2021 that Tesla would accept Bitcoin payments once miners were using roughly 50% clean energy sources \u201cwith positive future trend\u201d \u2014 a benchmark that may have recently been met.<\/p>\n<p>In a Sept. 14 thread on X (formerly Twitter), Bloomberg analyst Jamie Coutts <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Jamie1Coutts\/status\/1702232779294183548\">reported<\/a> the percentage of Bitcoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\">BTC<\/a>)\u00a0mining energy coming from renewable sources had exceeded 50% with \u201cfalling emissions plus a dramatically rising hash rate.\u201d According to Coutts, the push toward renewable energy sources was the result of miners dispersing from China in the wake of the country\u2019s mining ban starting in 2021, as well as certain nations turning to mining to \u201cmonetize stranded and excess energy.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Sustainable Energy Sources Rise &gt;50%<br \/>Falling emissions plus a dramatically rising hash rate can only mean one thing; Bitcoin mining is consuming more sustainable energy in its mix. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/AGXrKWDWuI\">pic.twitter.com\/AGXrKWDWuI<\/a><\/p>\n<p>\u2014 Jamie Coutts CMT (@Jamie1Coutts) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Jamie1Coutts\/status\/1702232779294183548?ref_src=twsrc%5Etfw\">September 14, 2023<\/a><\/p><\/blockquote>\n<p>Countries <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/uae-emerges-as-a-pro-bitcoin-mining-destination-in-the-middle-east\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/uae-emerges-as-a-pro-bitcoin-mining-destination-in-the-middle-east\/amp\">investing in BTC mining<\/a> include El Salvador \u2014 which has also recognized the cryptocurrency as legal tender since 2021 \u2014 Bhutan, Oman and the United Arab Emirates. The 50% energy benchmark could mean a greater move toward adoption by one of the biggest companies in the world. <\/p>\n<p><iframe loading=\"lazy\" title=\"Binance going down would be AWFUL for Bitcoin\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/Rh88qRfd2_E?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p><strong><em>Related: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/tesla-bitcoin-holdings-no-change-in-second-quarter\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/tesla-bitcoin-holdings-no-change-in-second-quarter\/amp\"><strong><em>Tesla\u2019s diamond hands: EV maker&#8217;s Bitcoin holdings see no change in Q2<\/em><\/strong><\/a><\/p>\n<p>Musk \u2014 the CEO of Tesla, owner of X and founder of SpaceX \u2014 announced Tesla would stop accepting BTC payments in May 2021, citing the \u201crapidly increasing use of fossil fuels for Bitcoin mining and transactions\u201d at the time. Since <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/elon-musks-lays-out-when-tesla-will-begin-accepting-bitcoin-payments-again\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/elon-musks-lays-out-when-tesla-will-begin-accepting-bitcoin-payments-again\/amp\">establishing a sustainable energy source threshold<\/a> of 50% for when the firm would resume payments, Musk <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/elon-musk-says-bitcoin-may-have-already-hit-his-benchmark-on-renewable-energy\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/elon-musk-says-bitcoin-may-have-already-hit-his-benchmark-on-renewable-energy\/amp\">acknowledged that there was a positive trend<\/a> toward green energy sources but hasn\u2019t changed Tesla\u2019s policy.<\/p>\n<p>The Tesla CEO did not appear to have publicly announced any move to resume BTC payments. At the time of publication, the price of Bitcoin was $26,572, having risen more than 2% in the last seven days.<\/p>\n<p><strong><em>Magazine: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/magazine\/bitcoin-net-zero-2050-climate-change\/\"><strong><em>Bitcoin is on a collision course with \u2018Net Zero\u2019 promises<\/em><\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk said in 2021 that Tesla would accept Bitcoin payments once miners were using roughly 50% clean energy sources \u201cwith positive future trend\u201d \u2014 a benchmark that may have recently been met. In a Sept. 14 thread on X (formerly Twitter), Bloomberg analyst Jamie Coutts reported the percentage of Bitcoin (BTC)\u00a0mining energy coming from [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":156167,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-156166","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=156166"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156166\/revisions"}],"predecessor-version":[{"id":156169,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156166\/revisions\/156169"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/156167"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=156166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=156166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=156166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}