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Daniel Batten
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Focusing 2026 on coaching Bitcoin builders and leaders newsletter: danielbatten.substack.com

Last week I had the pleasure of meeting nostr:nprofile1qqsg2zqd8wkhpnxu6lm5c2dyfa2mhpwte57apjae2ldp6g2mmwf3ypqprpmhxue69uhhqun9d45h2mfwwpexjmtpdshxuet5qy2hwumn8ghj7mn0wd68ytn00p68ytnyv4mz7tjtx9y. He not only knows how Bitcoin revolutionizes money, he gets how Bitcoin revolutionizes energy.

So he asked questions I’ve never been asked, and as a result we got to explore the fascinating subject of how Bitcoin can uplevel the way civilization does energy.

Here’s the time stamps if you want to skip to a part that interests you

01:35 - Bitcoin mining innovations including use of methane from landfills

02:11 - How Bitcoin mining is decentralizing and why it matters 2:39 - The role of mining pool distribution in securing the network 6:57 - How Bitcoin is disrupting the energy sector, like it is disrupting finance

19:55 - The intersection of AI and Bitcoin mining and what it means for the future

24:43 - Why the increasing energy demand of Bitcoin mining is positive 34:05 - The incredible future of Bitcoin mining heat reuse

49:05 - Types of power that will likely dominate Bitcoin mining in future

https://open.spotify.com/episode/01ehYkZp0D0wb7x728SfAR?si=YRIZqfEGSueqRYrLW2Sz4g&nd=1&dlsi=a92f5c21299e44ac#login

https://youtube.com/watch?v=Uq5DQFugOv8

What if Bitcoin mining changes the way we do energy as much as Bitcoin changes the way we do money?

Danny and I dived into this question on WBD last week.

Youtube: https://www.youtube.com/watch?v=11dB4qzjDwA

Apple Podcasts: https://podcasts.apple.com/gb/podcast/what-bitcoin-did/id1482455669

Spotify: https://open.spotify.com/show/18Pixm6jNMATYXSO6cUnTH

Not worth larger pubcos spending their time understanding the jurisdictional nuances of, given small country/ limited scale-up potential

A few people have pointed out the latest bitcoin mining article from CNN. I have seen it. Reposting my rebuttal here

Open letter to Elizabeth McBride at @CNN

regarding today's article on Bitcoin Mining https://edition.cnn.com/2025/03/03/climate/crypto-mining-renewables-electricity-shortage/index.html

The piece you wrote on Bitcoin Mining this morning perpetuates some unbalanced, and in some cases outright false, claims.

Further, the article makes a series of claims and inferences that are not supported by the scientific consensus (14 of the last 16 articles on Bitcoin and energy show strong environmental benefits, none of which you acknowledge). Instead you engage in what can at best be described as “selective reporting”, including.

1. Reported on how Bitcoin mining was used in a rogue way in Abkhazia, which allegedly caused grid destabilization, but didn't acknowledge that this is an anomaly, with Bitcoin mining having been embraced by both grid operators and in academic research as a critical tool for stabilizing the grid. For example, a whitepaper from Energy Experts at Duke University concluded that Controllable Load Resources (aka: Bitcoin mining) help to stabilize grids, and decarbonize grids. Lai et al states that Bitcoin mining can “balance the electrical grid” https://pubs.acs.org/doi/10.1021/acssuschemeng.3c05445 Ibañez et al concludes “PoW mining emerges as an alternative that can provide additional income and ancillary services (auxiliary services designed to provide stability to the energy grid)” https://www.mdpi.com/2078-1547/14/3/35 Menati et al found that “the flexibility of cryptocurrency mining loads plays a pivotal role in the reliability of electricity systems and the stability of electricity markets” and “cryptocurrency mining …is shown not to be detrimental to power grid reliability even with significant amounts at certain locations.” https://https://www.sciencedirect.com/science/article/pii/S266679242300015X

Why did you include none of this body of evidence in your article? Was it because you were unaware of it - or simply because it didn't support the story you wished to advance?

2. Advanced the (previously debunked) implication that Bitcoin mining takes renewable energy away from other operators. It doesn't.

Bitcoin mining because of its economic incentives to use cheap power is, as former ERCOT Grid operator Brad Jones attested, a “non-rival energy user”. In other words, it “powers down when the price of power becomes too expensive; the very time other people want/need that power. In fact, the opposite is true with many cases arising of people who have access to renewable energy who otherwise would not have as a direct result of Bitcoin mining. For example, Gridless in Africa has delivered renewable energy to four villages, while on a much bigger scale in Ethiopia, Bitcoin mining is helping accelerate the building of transmission lines to deliver renewable energy to people. Again, why did you include none of this context?

3. Strong Evidence of Non-investigative reporting

While you interviewed the CEO of MARA, you'd clearly already formed the basis of the piece you wanted to write before you contacted him, using the interview merely as a source of rebuttal from known Bitcoin antagonist Mandy deRoche.

Mandy is neither a Bitcoin mining expert, nor an energy expert. She is a paid Earthjustice anti-Bitcoin campaigner.

4. Cherry picking data

While Russia does indeed have mainly fossil fuels, your article makes no mention of the fact that Bitcoin is now powered 52.6% by sustainable energy sources (Bloomberg Intelligence, 2023).

5. Error by omission

You excluded a large body of research showing that far from "taking renewable energy away" from people, Bitcoin plays an important role in accelerating the green energy transition, which makes more renewable energy available to more people.

This finding is supported by numerous peer reviewed studies which found that Bitcoin mining enables halving of the payback time for solar farms (Hakimi et al, 2024) accelerating the renewable energy transition (Lal et al, 2003) accelerating renewable microgrid development (Moghimi et al 2024)

Incidentally, Bitcoin mining has also been shown to help reduce methane emissions (Sechrest et al, 2024) and obviate the need for gas peaker plants (Bruno et al, 2023) In forming your perspective on Bitcoin mining, why did you ignore this body of facts, and instead rely on a single anti-Bitcoin lobbyist's opinion ? Is this not akin to ignoring the scientific consensus on climate change and writing an article based on the opinions of a single oil industry lobbyist?

Summary

Overall, its a bit of a throwback of an article, the likes of which we used to see more of in 2021-22 before most of the mainstream media became aware of the shift in the scientific consensus around Bitcoin mining and its (largely positive) enviromental impact. Indeed, even sustainability focused media including Anthropocene, Renewables Now and Renewable Energy Magazine now report 90% on the environmental benefits of Bitcoin mining.

source: https://https://x.com/DSBatten/status/1874851606430110073

I would suggest you take time to research Bitcoin more thoroughly next time before you write about it, rather than relying on the opinions of paid lobbyists from Earthjustice.

Perhaps then, this may result in a better-informed article, which your peers in the mainstream media are now consistently writing about Bitcoin mining. source: https://https://x.com/DSBatten/status/1867026305683951660

My perspective is one of a climatetech investor who saw over 200 different climatetech propositions, but saw in Bitcoin mining the ability to mitigate multiple environmental challenges at one time.

This sort of non-evidence based, or selective-evidence based, reporting is counterproductive to the efforts of many environmental pragmatists who are working hard to accelerate the advancement of renewable energy using Bitcoin mining.

If you wish to write a piece on Bitcoin mining that is supported by evidence, please reach out. There are plenty of experts who have studied the issue deeply who we can direct you to.

Sincerely

Daniel Batten

Climatetech Investor

Just posted on X and Nostr about this

Was just on the podcast What Bitcoin Did

Danny I talked just about

* Why the scientific consensus is highlighting Bitcoin's environmental benefits

* What the data is telling us this Bitcoin cycle will look like

* What mining companies buying BTC means for price

* Why GreenpeaceUSA had to stop their anti-Bitcoin campaign

* The big remaining barrier to mainstream adoption

* Inspiring innovations in Bitcoin mining

Youtube: https://www.youtube.com/watch?v=11dB4qzjDwA

Apple Podcasts: https://podcasts.apple.com/gb/podcast/what-bitcoin-did/id1482455669

Spotify: https://open.spotify.com/show/18Pixm6jNMATYXSO6cUnTH

It’s possible. Just takes some patience and speaking to their values … and a lot of conversations (not on social media)!

Half of my friends are “on the left”.

Aside from one 75-year old friend, and one alt liner the others have all come across to seeing the value in bitcoin.

The Bitcoin Adoption Forecast #28 is out.

Check your emails and spam filters

www.batcoinz.com/p/the-big-volatility-dip-part-2

Who’d be interested in attending a Bitcoiners online group meditation session 8-8.30pm Friday (tomorrow)?

When wind farms do not do bitcoin mining with their surplus energy, they waste a lot of energy and money.

Because of this, when the turbines reach end of life they do not get repowered.

Because of this there, the asset is wasted and that power must start coming from thermal sources again.

https://reneweconomy.com.au/australias-oldest-commercial-wind-farm-to-close-as-cost-of-repowering-is-too-high/

And … another negative Bitcoin mining article rescinded!

This one was from Environment California I pointed out the sources they used are discredited (with evidence) and that they omitted many known environmental benefits To their credit, they took the article down immediately

For context: for the last two years, each morning I do a search on who's written a hitpiece criticizing Bitcoin's environmental track record. Depending on the article, I either write a rebuttal and post it on LinkedIn/ Twitter, or write directly to the author to see if they are open to learning, or both.

Over the years, there have been some good successes. One journalist did a complete 180, and now is a co-writer of my newsletter. Others amended. Several have rescind. Most dug their heals in, but in almost all cases that was the last negative article on Bitcoin they ever wrote. Many of them got community noted, ratiod, one even deleted his profile from twitter.

My intention was threefold

1. Educate and get a retraction and/or a followup piece citing the positive environmental benefits of bitcoin, where there was high openness

2. Educate with an amendment to the article where there was some openness

3. Where there was no openness to learning, make it very clear that writing nonsense about Bitcoin would be held to account, publicly, so that the author did not repeat the offence. The strategy seems to be working, because the volume of environmental FUD about bitcoin is decreasing and none of the journalists I rebutted over the last two years wrote another piece on bitcoin and energy after their original piece/series.

Why do I do this?

Well, when misinformation is spread about Bitcoin, it hurts the Bitcoin mining industry, it slows Bitcoin adoption, but it also stops innovation in the energy sector. It also perpetuates the unnecessary practice of wasting stranded energy, flaring gas, venting landfill emissions and using gas peaker plants rather than Bitcoin mining to stabilize grids.

For Bitcoin and Bitcoin mining to reach its potential, there are huge mountains of misinformation that must be countered. If I can make some small contribution to that, it's time well spent.

BBC, one of the chief architects of propaganda against bitcoin, was getting USAID funding?!

Re: home mining, has anyone come across a good solution for 1-3 KW of mining/heating?

Setup is an oversized solar array, producing excess electricity (about $800 stored up)

The local grid pays 0.18c per KWh and charges 0.24c).

Ah yes. Where’s my edit button … actually I’ll take decentralised, uncensorable non-algorithmically defined content feed.

Freedom of the mind is the ultimate self-sovereignty.

There is no second best to Meditation for gaining freedom of mind!