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Hydro now leads as Bitcoin’s main energy source, Daniel Batten notes

Hydro now leads as Bitcoin’s main energy source, Daniel Batten notes
Cambridge: Hydro now leads Bitcoin mining

Daniel Batten shares recent findings from Cambridge detailing the percentage breakdown of Bitcoin’s energy mix, highlighting that hydro power ranks as the primary source.

Batten also contrasts this with the global banking sector, where coal accounts for the largest share of energy consumption at 33 percent.

Earlier this year, Daniel Batten stated that Bitcoin mining helped Texans avoid a 4 percent power bill increase by stabilizing the grid after Winter Storm Uri, according to previous reports. Batten has also questioned media coverage of Bitcoin miners shifting operations toward AI, citing gaps in data about conversion rates and network effects in a separate article. These discussions come amid ongoing analysis of energy consumption across sectors.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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