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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Cambridge Centre for Alternative Finance: https://www.jbs.cam.ac.uk/faculty-research/centres/alternative-finance/

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