Sustainable Power Mix: Bitcoin Mining vs. Countries

In 2021, the power mix for Bitcoin mining has increased to 57.7% sustainable energy. This means that the share of sustainable energy used for Bitcoin mining is significantly higher than the share of renewables in electricity production in some countries such as Germany (44.5%), the United States (19.8%) or South Africa (7.6%). However, in New Zealand or Norway, the share of renewable energy is already over 80%.

What is Bitcoin (BTC)?

Bitcoin is a revolutionary new payment network and a new form of electronic money. It’s a digital currency which enables secure and instant financial transactions at dramatically low costs between any two individuals anywhere on the globe. Bitcoin allows its users to transact directly, peer-to-peer, without an intermediary and can be used just like other currencies or assets in exchange for goods or services. Bitcoins are the unit of currency of the Bitcoin payment network. The most used abbreviations for Bitcoin are BTC or XBT.

Bitcoin is the very first cryptocurrency and was founded by an anonymous person or group of individuals, named Satoshi Nakamoto. To this day, Satoshi Nakamoto’s identity and nationality are still unknown. Bitcoin is decentralized. Unlike traditional currencies like the Euro or the US-Dollar, there is no government, institution or other central third party that oversees the issuance and circulation of Bitcoin. That means Bitcoin cannot be censored, manipulated or controlled by a single centralised institution or government. Also, if you store your Bitcoin in a digital, non-custodial wallet, no institution, government or third party is able to lock you out of your funds.

For more information about Bitcoin and other cryptocurrencies visit our Blockchain FAQ section.

How do I get Bitcoin (BTC)?

You can buy Bitcoin and other cryptocurrencies on so-called cryptocurrency exchange platforms, like Binance, Kraken or Coinbase.

Table & Chart Data


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Release date

October 2021

Survey time period

Bitcoin data as of Q3, 2021, Country data 2020 or most recent year.

Additional Notes

Last updated November 11, 2021. Prices in United States Dollar ($).


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