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Alexander Neumüller, Principal Researcher and lead author, discusses the new Cambridge Digital Mining Industry Report by the Cambridge Centre for Alternative Finance, providing unprecedented data on Bitcoin's energy usage and sustainability.
Dive into the latest findings on Bitcoin mining's sustainable energy mix, which has jumped to 52% from 37.6% in 2022. Alexander unpacks key trends including geographic shifts in mining operations, off-grid mining growth, and how Bitcoin miners are monetising stranded energy sources worldwide.
The Report: https://www.jbs.cam.ac.uk/wp-content/uploads/2025/04/2025-04-cambridge-digital-mining-industry-report.pdf
00:00 Introduction to the Bitcoin Industry
00:37 Guest Introductions and Report Overview
00:51 Insights from the Cambridge Digital Mining Industry Report
06:07 Sustainable Energy Mix in Bitcoin Mining 06:56 Geographical Shifts in Mining Activity 12:40 Challenges and Opportunities in the UK 18:50 Diversification and Future Trends in Bitcoin Mining 21:55 Cambridge Bitcoin Electricity Consumption Index 26:13 Historical Data and Theoretical Models 26:50 Electricity Consumption and Emissions 27:40 Off-Grid vs. On-Grid Mining 30:12 Creative Energy Solutions for Mining 32:38 Decentralizing Bitcoin Mining 39:27 Surprising Findings from the Report 47:51 Changing Narratives Around Bitcoin 52:34 Conclusion and Final Thoughts
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