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.