RESEARCH: Bitcoin mining uses up more electricity annually than the entirety of Argentina, according to a study by Cambridge University.
Discussion
Rubbish headline.
Cambridge University in fact said “it is inappropriate to compare an industry’s electricity use to nation states.” Most of the energy bitcoin uses is renewable, non-rival, would otherwise have been wasted, and is helping the grid to accelerate the renewable energy transition.
We cannot reach our renewable energy transition targets or methane reduction targets without Bitcoin mining
Why are you ignoring these facts and instead recycling ancient FUD from 2021?
Do better
The Spectator Index just wrote some uninformed 2021-vintage FUD about Bitcoin here on Nostr. I just replied. Game on.
Rubbish
Is your intention to mislead people with claims that have been debunked several years ago, or to inform them with sound fact-checked journalism?
If the former, then you are fulfilling your intention well. If the latter, this is a fail.
Cambridge University in fact said “it is inappropriate to compare an industry’s electricity use to nation states.” Most of the energy bitcoin uses is renewable, non-rival, would otherwise have been wasted, and is helping the grid to accelerate the renewable energy transition.
22 peer reviewed papers back this up.
source: https://x.com/DSBatten/status/1943811915240944013?s=20
In fact, there is strong evidence we cannot reach our renewable energy transition targets or methane reduction targets without Bitcoin mining.
Why are you ignoring these facts and instead recycling ancient FUD from 2021 that commits a rookie error of conflating energy use with environmental harm (something no environmental scientist or reputable news outlet is doing in 2025)?
Right now, you're the only news media outlet that is still producing this sort of nonsense headline. Your peers flipped to fact-based reporting on bitcoin (some time ago)
source: https://x.com/DSBatten/status/1963071641157799994?s=20
Should we infer from this post that your other posts are subject to the same (low) level of fact checking?
Do better spectatorindex
