Bitcoin Reaches 50% Renewable Energy Usage, Ripple Chairman Responds

Ripple's chairman Chris Larsen commended the network's transition to greener energy at the 2025 Bitcoin conference, following the donation of the "Skull of Satoshi" artwork to the Bitcoin community. This gesture aims to foster better relations between Ripple and Bitcoin supporters.

Key Points

  • Larsen funded the “Change the Code, Not the Climate” campaign in 2023 but noted that it did not achieve its intended goals.
  • He clarified that Ripple did not financially support this campaign.
  • Approximately 50% of Bitcoin's energy now comes from renewable sources, including wind, hydropower, and nuclear energy.
  • Bitcoin miners are utilizing waste gas projects to power their operations, reflecting a shift towards cleaner practices.
  • The "Skull of Satoshi" has been donated to the Bitcoin Museum in Nashville, symbolizing a desire for dialogue rather than conflict.
  • Ripple CEO Brad Garlinghouse called for unity among crypto stakeholders to address regulatory challenges and serve the unbanked population.

This initiative may pave the way for improved interactions among competing networks, highlighting the potential for collaboration over competition.