Crypto mining – the process that helps Bitcoin’s blockchain operational – and its associated energy consumption – has reportedly been in the center of discussion throughout the last weeks. 

Specifically, Yonathan Lapchik – Head of SUKU – has reportedly shared his remarks regarding the topic via a CNBC interview. He offered an explanation of the relationship between the Bitcoin mining sector and renewable energy, where he believed the energy accounted for a major sum of mined Bitcoin (75%). 

“We think that 75% is an actual figure. The miners are truly incentivized to use renewable energy.” Lapchik reportedly remarked. 

He moved on to mention Elon Musk’s electric car manufacturing firm, with its latest initiative to rule Bitcoin out of its list of viable payment measures for its automobiles because of environment-related concerns, commenting that “It’s surprising that Elon didn’t consider that before getting into space, before accepting Bitcoin as a payment mechanism for Tesla.”

Tesla made Bitcoin payment available via the United States clientele back in March. The initiative was publicly rolled out, following the car firm’s finalization of a $1.5 billion equivalent of BTC purchase, announced in February.

Musk, however, recently shared his opposite stance against the fossil fuel energy Bitcoin mining calls on, via Twitter. He further cut off Bitcoin-enabled payments to Tesla, although it could likely be a temporary action while waiting for Bitcoin mining to achieve its satisfactory energy usage levels.

“Really the data has been there forever. We’ve been proving over and over and over that’s a real case for miners in the Bitcoin network.” Lapchik reportedly commented regarding the 75% figure.