Proud day Not a bitcoin book. Though it does open-source the blueprint I use for changing false-narratives. … and it’s got an orange cover.

JUST IN: Bitcoin's CEO Satoshi Nakamoto issues statement "Unlike Bitcoin, the electricity that powers a Tesla still comes mainly from fossil fuels. Once Telsa can show us data proving their electricity-mix comes mainly from sustainable sources, we'll let them to use Bitcoin to buy Teslas again."

I need your help with something - data ! Context: I’ve been getting feedback that this is the best attempt I’ve made to diffuse the “bitcoin is bad for the environment” FUD-bomb. The first half picks apart the flaws in the Cambridge model and replaces them with a more reliable model of Bitcoin’s emissions. The second half looks at why Bitcoin is the greatest ESG asset of all time. I break down, with data, why Bitcoin is the best ESG asset across 6 categories. Here’s the data I’m after: I’m very interested to hear how it lands with pre-coiners Please feed back to me what they say, so I can see A. where people still get stuck and B. what messages resonate the most so I can keep improving how I communicate this message, because if we know what works we can all disarm environmental FUD and increase user adoption of bitcoin faster. Thanks!

I recently sat down with Nik Bhatia, author of Layered Money, to talk about why Bitcoin is Green Tech. We cover 1. How I came to realized that Bitcoin mining was the solution to reducing emissions, not a problem 2. How Bitcoin can become the world's first industry to reduce more emissions than it produces (without offsets) 3. Why Carbon Credits and Bitcoin mining are like a Nik Cave and Kylie Minogue duet. 👇

My latest article quantifies the value of changing the ESG narrative on Bitcoin: $1Trillion (Over $50k addition value per bitcoin)

The Bitcoin Facts that Every Investment Committee Must Know – Batcoinz

Lugano Keynote just got uploaded “Why Bitcoin is the world’s best ESG Asset” https://t.co/6iWoxLcXsQ

Just saw the UN had published a report on Bitcoin mining. It’s a historical account of Bitcoin mining during 2020-21. (When China and Kazakhstan) were the main hashing nations. Because the mining map has changed completely since then, it is not relevant to today, more a nostalgic pre-China ban view that shows how fast Bitcoin mining has migrated to sustainable power in a short time. Any journalists that pick up the report as though it is a statement of the current power mix of bitcoin mining are showcasing how little they have studied the basics of bitcoin mining. In terms of the implication bitcoin datacenters have a big land footprint, I would say “compared to what?” Solar panels? Traditional datacenters. Bitcoin stacks up well on both counts Because they consume much more power they have roughly 1/4 the land footprint of a traditional datacenter. Next.

Just finished Lugano keynote

I’m seeing more and more narrative flips this year. Finance Magnates had been consistently negative about Bitcoin mining until this month (when it seems the KPMG report completely flipped their thinking) “Correcting outdated narratives and recognizing Bitcoin's positive contributions to environmental and social challenges will be essential to onboard investors into the digital asset economy.”

Financial and Business News | Finance Magnates

Does Bitcoin or Crypto Mining Still Pay Off?

Cryptocurrency mining, particularly Bitcoin mining, has long piqued the interest and investment of many. I

My latest piece on why Bitcoin is good for the environment just went live on Blockworks https://blockworks.co/news/environment-planet-mine-bitcoin-methane

“What does not kill me makes me stronger” — Friedrick Nietzsche about Bitcoin.

Landfills give you orange PPE gear It’s as if they are just waiting for Bitcoin

Mainstream media starting to get it

MSN

At long last I did my What Bitcoin Did interview with @Peter McCormack Was a great conversation. Peter’s a sharp guy. He somehow asks all the right questions, which even led to us starting the interview with footage on an NZ TV commercial. Enjoy. → Patreon:

Patreon

Removed | Patreon

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→ iTunes:

Apple Podcasts

The Peter McCormack Show

Politics Podcast · Updated Semiweekly · The Peter McCormack Show - politics, macro, Bitcoin and AI, long-form interviews. Twice-weekly conversati...

→ Spotify:

Spotify

Spotify - Web Player: Music for everyone

Spotify is a digital music service that gives you access to millions of songs.

→ Stitcher: http://bit.ly/2IQO8fX → SoundCloud:

SoundCloud

Mr Obnoxious

The media lies, governments mismanage, and our financial systems are failing us. In Mr Obnoxious, Peter McCormack explores the new frontier of tech...

→ Fountain:

The Peter McCormack Show • Listen on Fountain

→ YouTube:

“The bitcoin mining industry is emerging as a player in the drive towards decarbonization” — Bloomberg Intelligence

People who don't know grids or Bitcoin say: "Bitcoin is waste by design" Renewable operators say: "Bitcoin prevents waste by design" Here's how: ever heard of a Load Bank? It's probably the only piece of hardware in the world that was designed to waste electricity. Why? Sometimes, renewable generators get asked to curtail energy suddenly. Powering down can create a lot of wear and tear however, so many renewable operators prefer to send some of that power to a load bank, which does nothing other than chew up surplus electricity. A 500kW Loadbank will set you back $28,490 and is a far more challenging e-waste conundrum than any Bitcoin miner. https://genelite.com.au/cart/?add-to-cart=4289… When renewable operators replace their loadbanks with even some old Bitcoin miners, they not only help secure a sound-money network, they earn Bitcoin. Bitcoin Mining is the cure for waste-by-design, by obsoleting the need for Load Banks, and helping renewable operators become more profitable, so they can expand their operations.

“Bitcoin, once criticized for its environmental impact, is undergoing a significant transformation”

Exploring Bitcoin's path to a renewable mining future

Can somebody please do the world a favor and update this (very) out-of-date wikipedia entry

Environmental impact of bitcoin - Wikipedia

to reflect, with citations - KPMG report on Bitcoin

KPMG

Bitcoin’s role in the ESG imperative

Discover the ESG impact of bitcoin and the misconceptions it may pose in the market

- New Bloomberg Intelligence data on Bitcoin

X (formerly Twitter)

Jamie Coutts CMT (@Jamie1Coutts) on X

The #Bitcoin energy narrative is flipping! A new note out this morning on the Bloomberg Terminal looks at the rapid rise of sustainable energy sour...

- Cambridge revising down energy consumption estimates

Cambridge Judge Business School

Bitcoin electricity consumption: an improved assessment

An examination of the underlying assumptions behind the Cambridge Bitcoin Electricity Consumption Index (CBECI) has led to its first major revision...

- MIT study

Bitcoinist.com

Bitcoin Mining: MIT Research Acknowledges Benefits

Bitcoin mining is a controversial subject of debate due to its significant energy consumption. MIT has released a new study.

- The "Bitcoin's Carbon Footprint revisited" study https://www.mdpi.com/2078-1547/14/3/35

It’s been a thought year for the opponents of Bitcoin “bitcoin is not only simpatico with an ESG framework; it is superior to existing ESG technologies”

Forbes

Why Bitcoin Mining Might Actually Be Great For Sustainability

Could BTC = ESG? According to new research, the answer is a resounding yes. Here's why investors are taking a second look at bitcoin through the le...

Earthjustice just write a report on Bitcoin mining in Texas full of factual errors and already debunked claims. So I debunked it.

Rebuttal of EarthJustice Report of Bitcoin Mining in Texas – Batcoinz

Looking forward to the day this is no longer necessary.