The "waste of energy" argument doesn't survive a cold one.

"El Salvador is Bitcoin country" was largely a very good marketing pitch "The nation states are coming" was hopium. "6 of the largest energy companies in Brazil are now actively evaluating Bitcoin to monetize their stranded energy" is real You are looking in the wrong place for evidence of Bitcoin adoption. Energy is the stealth-bomber in Bitcoin's adoption story.

Mainstream media has a negative:positive news reporting ratio of 9.1: 1 Source: https://www.nber.org/system/files/working_papers/w28110/w28110.pdf But when the subject is Bitcoin mining, the negativity ratio is order of magnitude higher. This, in one image, is why many people still believe Bitcoin mining has a negative environmental impact, even though the data, 30 peer reviewed papers, Cambridge's current reporting and 100s of real life case studies say the opposite.

It is my duty to remind you that Bitcoin will use all the world's power by 2020.

I’ve been investing into technology companies since 2004, and working in tech startups since I was an early employee at a startup who was first to use the Internet for utility billing in 1996. The 3 technologies with the most use-cases and the most potential value to humanity I’ve seen in that time are The Internet, Bitcoin and AI … with plenty of air until the next grouping. The difference is that with Bitcoin, the ratio of positive to negative uses of the technology is much higher - inherently it is order of magnitude harder to use Bitcoin for crime than traditionally currencies, but the social and environmental usecases for the technologies are significant, supported by many peer reviewed studies, and growing each year. That, combined with the fact Bitcoin, unlike any technology I've seen, is benefitting the Global South at scale before it is benefitting the West, make it the most promising technology for social and environmental justice I've seen in a generation.

I'm seriously geeking out on this image right now. You can now use AI to help transform the 2nd-most recognizable part of you: your voice. OK, some context. Years ago I wrote a book on pitching. But it is really a book about any sort of situation where you seek to influence someone (like helping Bitcoin adoption through orangepilling). I use the principles myself when changing people's minds about the Bitcoin and energy, and I also teach it to clients, who have a 91.1% success rate with their investment pitches (Industry average is apparently 10.4%, so seems like it works). The book is a manual for improving all elements of influence: message, deliver, tactics and mindset. Unless all are strong, influence is unlikely to occur. I was lucky enough to have spent a lot of my 20s doing acting for stage and TV, so I learnt how to improve delivery during those years and teach it to others. But I've never had a tool to objectively show people that their delivery has improved. Now I do. This is just a snippet of a more extensive analysis that also gets quite technical with difference aspects of voice resonance. This client was someone I'd worked with previously to win his seed investment, but he came to me because when approaching seed-SeriesA he was getting feedback that his delivery was flat from his own team, and he agreed. They were right! So we did a solid 2 months of voicework, and the harsh objective lens of AI is now saying his monotone is not only gone, but he's now speaking in the dynamic range. Voicework has always tended to be something that felt subjective, but now thanks to AI it is appealing to analytical people who like the data too We are only just beginning to tap the potential for AI for self-improvement.

This analysis is not something I did after the fact to justify how good bitcoin mining is for the enviroment, this is the analysis I did after running 2 climatetech funds and asking "what type of technology can we invest in that will maximize emissions reduced per dollar" The answer: Bitcoin mining projects using the stranded vented methane coming out of half the world's landfills.

Arguably the biggest problem in Bitcoin adoption as that those who have adopted Bitcoin don't know how to talk about Bitcoin Which is why things like this are great!

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Texas has begun replacing its most flexible load with its most inflexible one. Hmmm.

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.

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.

How a nuclear meltdown catalyzed Bitcoin Mining in Japan

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Daniel Batten (@DSBatten) on X

How a Nuclear Meltdown catalyzed Bitcoin mining in Japan

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.

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:

AI just made Bitcoin mining investable again

In the past fortnight two Bitcoin miners signed long-term leases with AI companies. CleanSpark took a 20-year deal worth $6.6 billion in Georgia. T...

Not investment advice

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

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

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!

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.

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

Daniel Batten

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Coaching for founders, leaders and Bitcoiners who are hitting the ceiling that ability alone cannot break. The work is subtractive: remove internal...

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