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Daniel Batten
Dsbatten@nostrich.love
npub13lky...lpsy
I like turning waste into power. Landfill gas. Eroding currencies. The human potential.
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dsbatten 3 months ago
Bitcoin payments are not only the fastest to settle (instant) and the lowest fees, they are also the most enviromentally friendly. When you choose visa etc over Bitcoin/lightning, you are choosing a network that is slow, dirty and expensive over one that is instant, clean and fair. image
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dsbatten 3 months ago
Monarchies (like Bhutan and UAE) like Bitcoin so much? Ironically, because they are authocratic and centralized they can make decisions very fast that benefit their people, rather than their own chance of re-election.
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dsbatten 3 months ago
The obvious story the media reports on: "AI solves Bitcoin miners' revenue problem." The less obvious and more interesting story they're not reporting: "AI solves Bitcoin miners' exit problelm" More interesting because it opens up Bitcoin mining companies to something no investor has been keen on til now: equity investment. ... and that has all sorts of consequences not just for Bitcoin mining, but for Bitcoin itself.
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dsbatten 3 months ago
Contrary to what you read about Bitcoin mining, the sector has in my view never been such a good asymmetric bet to investors In fact, AI just made Bitcoin mining investible again. Exhibit A: our own financing company, CH4Capital, which specializes in Bitcoin mining projects on landfills, is considering equity positions in Bitcoin mining companies for the first time since 2022. This is the subject of my latest newsletter: Not investment advice
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dsbatten 3 months ago
One hemisphere is switching flexible load on. The other is leasing it away Brazil, July 1: Sugarcane mill starts mining Bitcoin on bagasse power (the 5th Brazilian energyco to do so) Georgia: CleanSpark signs 20-year, $6.6B AI lease AI is inflexible demand. Mining is flexible
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dsbatten 3 months ago
Monetary incentives via govt subsidies have not been to get renewable energy used, but to get renewable capacity built. Bitcoin mining is now helping to fix the distortion caused by this false signal. At scale!
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dsbatten 3 months ago
Four of Brazil's biggest power generators are now evaluating or piloting Bitcoin mining to monetise the renewable power they currently waste. They are Brazil's largest * electricity generator - Already operating (Axia) * private generator. Actively evaluating (Engie) * wind developer, building a bitcoin mine this year (Casa dos Ventos) * centralized solar generator - actively evaluating (Atlas Renewable Energy) Probably nothing
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dsbatten 3 months ago
Monetary incentives via govt subsidies have not been to get renewable energy energy used, but to get renewable capacity built. Bitcoin mining is now helping to fix the distortion caused by this false signal. At scale!
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dsbatten 3 months ago
In case you hadn't noticed, LLMs have now displaced wikipedia, and the world is better for it. Run an AI query on "Bitcoin renewable" now and you will get - an objective appraisal based on the latest 2025 data from the in Bitcoin and ESG (Cambridge University) that is the gold standard for policymakers and regulators - fact and data - a summary of over 30 peer reviewed articles on Bitcoin mining and energy - case studies - input from specialists in the fields of grid stabilization and methane mitigation Run a wikipedia on Bitcoin mining and you will get - citations of historic papers from the 2018-2022 period that were debunked in 2023 by Sai and Vranken - Editorial opinions and narrative - the results of a page curated predominantly by retired sociology professors with an anti-Bitcoin bias No one who understand Bitcoin mining bothers to update it and correct it any more because, in the words of one former editor of that page "I kind of gave up on Wikipedia btw (in general not only for btc). Fewer people using it. The source of truth is now LLMs and not wiki." Wikipedia, once a reliable and independent information source, is now a historical footnote alongside Alta Vista, Encyclopedia Britanica and Kodak. Not only has AI usurped Wikipedia, but it no longer puts much weight on wikipedia when developing its own information synthesis. It's not perfect, but it is a meaningful step up from what we had before. image
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dsbatten 3 months ago
Just put together my new website. The old one was 6 years out of date and didn't reflect any of my Bitcoin work. It does now! Grateful for 2 things 1. For how Bitcoin has grown me as a person, and ... 2. That we have Nostr, so I can put an external link in a message and not have to endure a 90% derate. Here's the site. The homepage also backlinks to all my Bitcoin&Energy research
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dsbatten 3 months ago
One trend rarely commented on is that bullrun in ASICS prices didn't happen last cycle An extraordinary development considering how closely ASICS price once mirrored Bitcoin price The mining industry is maturing. CAPEX volatility is gone. Bitcoin mining companies who earn ancillary revenue are doing very well image
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dsbatten 3 months ago
Don't know how this happened so fast, but suddenly I've coached over 40 Bitcoiners! (this picture is now out of date) I'm a bit overwhelmed by how much they've advanced Bitcoin since. Between them, they're now - they've secured funding (including Tim Draper, Ego Death Capital) - successfully launched 2 new Bitcoin policy institutes - created an in-house solution that stabilizes Sweden's grid - shifted Bitcoin policy through conversations with political leaders and energy ministers in 3 different countries They did this not only because I know something about how to bring out the best in people, but also because Bitcoiners are amazing people and something phenomenal happens when they work as a peer network My vision is to help Bitcoiners become as antifragile as Bitcoin, operate with a full stack of self-belief, while being the change they want to see in the world. You're the average of the 5-6 people you hang out with most often. So the impact on your focus, habits, and self-belief and progress of those people being highly committed Bitcoiners while also having a coach who helps you overcome your blindspots is very net positive for you, and for Bitcoin. If you'd like to find out more, reach out. image
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dsbatten 3 months ago
The world is, and will continue to embrace Bitcoin's ability to solve an energy problem before it embraces Bitcoin's ability to solve a monetary problem. Because ... incentives.
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dsbatten 4 months ago
A short story about trusting yourself Until 2020 I had a very simple, and very effective website. A homepage, a sparse amount of menu, a video on the homepage and a "let's go" button if people wanted to take the conversation further. The simple, clear, direct message and path typically led to one new coaching client per quarter who found me on the website. Then I met a marketing expert. He told me I was doing it all wrong. "People need to get to know you before they'll connect with you", "There's not enough context, or story about who you are", "And the design is sparse and not warm". I trusted his viewpoint. After all he was a marketing expert. What would I know? We rebuilt the website in what was a long, involved process. The result looked visually appealing and told a far more complete story about who I was. But ... after a year, there had been no new enquiries. after three years, still no new enquiries, let alone clients Six years later, one enquiry off the website and still zero new clients. Here's what he realized: Yes, there are some people who need to "get to know you" before they contact you. But people who take a long time to make decisions have never been my clients. My best clients by results have always been those who have the capacity to implement a new idea fast. I'd just invested money in creating a website that matched my marketing expert's belief about how people buy, not how I already knew my best clients engaged with me. But the mistake was on me. I didn't trust my gut, my own process, and allowed the words of an "expert" to override not just my intuition but my own direct experience. Worse, because I'd "invested so much in building it" I was reluctant to go back and fix it, because that would amount to admitting to an expensive mistake, the real expense being not the initial cost, but the compounding loss of business over a growing period of time as I continued to procrastinate. This year I got real with myself and admitted the mistake, and within a month built a new website. The site follows all the exact same principles that I used until 2020. But it's better because, well, I have done some extra cool things and become a better coach too since then. Here's the finished result if you're curious But the point of the story is this: No matter how much expertise someone has, you are the expert on you. Don't trade that inner knowing for someone else's domain knowledge lightly. You know context they don't, and ignoring that can be expensive.
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dsbatten 4 months ago
“If you want to be happy for an hour, take a nap. If you want to be happy for a day, go fishing. If you want to be happy for a year, inherit a fortune. If you want to be happy for a lifetime, help someone else.” Chinese proverb
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dsbatten 4 months ago
Once a technology is good, advancing it is largely a function of having the right conversations with the right people I can't reach all the right people. But I can help make sure that when Bitcoiners do, they have the right conversations. Behind the scenes over the last year, I've been coaching Bitcoiners about what is the right conversation to have when they met with political leaders and energy ministers in France, Chile, NZ, Australia, Ethiopia, Senegal. These conversations have gone well, and an increasing number of the main political parties across each of these 6 countries are now favorably disposed to Bitcoin mining.
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dsbatten 5 months ago
Bitcoin mining will never be unprofitable because you can mine for -2c/kWh in an increasing number of places. Increasingly, grids are paying for flexibility as a service, and this need will only increase with more renewables and AI load coming onto grids in parallel. image
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dsbatten 5 months ago
I've made this newsletter edition a special free edition, because 1. It's inspiring story about a guy no-one's heard of, who's achieved something no other Bitcoin has yet achieved 2. There are more useful things to pay attention to right now than the price. 3. There's an important lesson in it that I believe can help Bitcoin adoption Feel free to share this one widely, including with non-Bitcoiners.It's written for them too.
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dsbatten 5 months ago
New paper finds: Bitcoin mining enables better absorption of surplus renewable generation, minimizing curtailment and supporting higher renewable integration without extra storage or infrastructure costs, creating a win-win for grid stability and mining profitability. The finding is significant, because it establishes Bitcoin Mining as the only way grid operators can avoid the significant cost of balancing frequency fluctuations and operational cost increases that doesn't involve significant capital outlay on grids with high renewable penetration image Source: https://www.sciencedirect.com/science/article/abs/pii/S0378779625007874 The paper Leveraging Bitcoin Mining in Demand-Response to Mitigate Ramping-Induced Transients (Ginzburg-Ganz et al. 2026) was published in Electric Power Systems Research, which has an Impact Factor of 4.2, placing it in the top 12% of academic journals worldwide.
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