> Here is the latest study we have from 2019 [0] that states its 74% renewable I may be slightly confused here about the term "renewable penetration" in the or

> Here is the latest study we have from 2019 [0] that states its 74% renewable I may be slightly confused here about the term "renewable penetration" in the original report cited by your article[1]. They don't define what it actually means (maybe bad practice or maybe I'm just an outsider) and to me it feels like it means how many people on the grid have access to renewable power, not how much of the actual power being used is renewable. I can put a solar panel in all homes and thus get 100% renewable penetration but if it only provides enough energy to run a toaster, its not that significant, is it? In table 7 they mention Sichuan is 90% renewable energy penetration. Sichuan is the habitat of over 80 million people, I think they managed to convert 90% of their energy use to renewables, it would be easy to find a source on it. I did a lot of searching and I can't find a single citation. (btw, in the report the source is "Morgan Stanley Research 2018", which is completely useless as that company must generate a billion public/non-public documents a year and there is no way to tell which one these people read). [1] https://coinshares.com/assets/resources/Research/bitcoin-mining-network-june-2019-fidelity-foreword.pdf https://coinshares.com/assets/resources/Research/bitcoin-min...