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dsbatten
Member since: 2023-02-27
dsbatten
dsbatten 4h

Do we need a better example of why we should separate money from State? UK Govt thinking of trading its bitcoin for Pound sterling. Like living in Venezuela and trading USD for the BolĂ­var Imagine rushing to do get in on an asset that had lost 99.15% of its value since 2017

dsbatten
dsbatten 4d

Nostr first project update: our latest readings from a landfill that we're looking to finance a bitcoin mining project just came through. You can see from the satellite report, it is estimated to be emitting 1.535 tonnes of methane every hour. The landfill owner approached us because there is no other potential user for that power and it is not an option to sell the power to the grid, meaning that onsite bitcoin mining is his only economically feasible option. It will also pay him money for the power generated. Because methane is 84x more warming over a 20-year period than CO2, at 90% uptime that means we can mitigate ~1.02 Million tonnes of CO2e every year. Another 30 similarly sized projects, and Bitcoin mining becomes an emission-negative network. * and ... because the project generates not only PE-style returns through equipment financing, but carbon credits it also has an asymetrically good risk:reward for wholesale investors. Onwards!

dsbatten
dsbatten 4h

Rare photos of Bitcoin mining in Bhutan Amazing how a tiny land footprint, no eWaste (all rigs are recycled), no water footprint + 100% renewable energy just contributed 40% of Bhutan's GDP, funds environmental and infrastructure initiatives such as their airport rebuild. They even used Bitcoin to raise the salaries of govt workers by 50-65% Any country with surplus energy can copy from Bhutan's playbook, but I'm happy its nations like Bhutan, El Salvador, Paraguay, Ethiopia who are discovering this first because it's helping to address global wealth inequality one nation at a time.

dsbatten
dsbatten 2d

Source article: https://www.districtenergy-digital.org/districtenergy/library/page/q3_2025/32/

dsbatten
dsbatten 2d

Bitcoin mining in Ethiopia has now boosted the State Owned Electricity utility's revenue by $55 Million (18% of its annual revenue) Ethiopian Tribune reports that Bitcoin mining achieves this by "monetising surplus energy" (energy that would otherwise have been wasted) and that "this revenue has been strategically reinvested into infrastructure development ... where Bitcoin mining profits fund the expansion of transmission lines and distribution networks." These transmission lines help to bring much needed electricity to rural Ethiopians who often experience energy poverty. The Tribune reports that rural electricity access "remained at just 43% in 2021". Bitcoin mining provides a path to raise that percentage through accelerating the buildout of new transmission lines.

dsbatten
dsbatten 3d

You can do a lot of bitcoin mining with 50GW of wasted power. “India's stranded renewable power capacity - projects awarded but unable to come online - more than doubled over nine months, due to unfinished transmission lines, and legal and regulatory delays, letters from an industry group to the government showed. Renewable projects that won tenders to generate power but are yet to sign power purchase agreements with buyers have surged to over 50 gigawatts (GW)” Source: Reuters https://www.reuters.com/sustainability/climate-energy/indias-stranded-renewable-projects-double-over-50-gw-industry-documents-show-2025-08-01/

dsbatten
dsbatten 4d

🙏

dsbatten
dsbatten 4d

In its blog today, IMF just penned some 2021vintage energy FUD about Bitcoin "Bitcoin uses as much energy as " Mainstream media and the scientific community no longer use this claim. Why? Because it is a known misleading statistic. Much of Bitcoin's energy usage is from stranded, wasted sources that others cannot utilize. It has also been shown in 22 peer reviewed papers and 7 independent studies to stabilize and decarbonize grids, mitigate methane and lower electricity prices and is 52.4% sustainably powered (unlike the much lower sustainable power mix of the banking industry, and gold mining - which Bitcoin provides viable and technologically superior alternatives to) source: https://x.com/DSBatten/status/1923014527651615182 Contrary to the implications of this tweet, Bitcoin has 19 well documented usecases that create value to society. source: https://x.com/DSBatten/status/1833875802326175939 Important context: Bitcoin threatens IMF with disintermediation in 5 ways which I have categorized previously here --> https://x.com/DSBatten/status/1873558000230978046 and IMF has a reputation for openly opposing Bitcoin, repeatedly citing "concerns" that have consistently failed to materialize. (source: https://bitcoinmagazine.com/featured/how-the-imf-prevents-global-bitcoin-adoption-and-why-they-do-it) Its perspective on Bitcoin is neither neutral nor objective.

dsbatten
dsbatten 4d

Bitcoin heat recycling is now recognized both in the energy sector and independent reports as a way to efficiently deliver electrical heat in a low carbon manner "Bitcoin mining can be a practical way of cutting carbon and costs while keeping communities warm" Source: District Energy, Q3 Report 2025 Context: Two months after Cambridge released a study showing the decarbonizing potential of Bitcoin mining, District Energy released is 3rd Quarter Report, and the entire issue is dedicated to using Datacenters, including Bitcoin mining, as a heat source. Key quotes: "Electrifying heat production, especially in regions with low-carbon or renewable electricity, offers one of the most direct and effective ways to reduce emissions from district heating. Using the heat generated from bitcoin mining could significantly advance this electrification, transforming digital energy infrastructure into a source of high-temperature, low-carbon heat." The report specifically mentions the work of @MARA , who are now using Bitcoin mining to supply heat to 80,000 residents in Finland (1.6% of the total population) "MARA estimate that each MW of recycled heat from bitcoin mining results in 455 fewer metric tons of CO2 emissions per year than the average district heating facility in Finland." This is just one of the ways that Bitcoin mining has been found to reduce carbon emissions and cut energy costs at the same time. For a full report on other ways that Bitcoin achieves these two aims, you can read my full length report. (Link in the comments) source: https://districtenergy-digital.org/districtenergy/library/page/q3_2025/32/

dsbatten
dsbatten 6d

There’s a video that recently went out about bitcoin mining in Granbury. It got 1.4Million YouTube views and contained a significant amount of misinformation. The environmental FUD hasn’t stopped, it’s just morphed. Here’s by dissection of what i would call propaganda-dressed-up-as-journalism. https://batcoinz.com/fact-and-fiction-in-bitcoin-mining-reporting/

dsbatten
dsbatten 7d

1. To be honest - the combination of a centralized support system plus the lack of support on X. Been waiting 10 days to get assistance logging back into my account after an attempted hack. 2. Nostr UI is better now for plebs like me who don’t like “bleeding edge” but are ok with “leading edge” 3. Algorithm on X suppresses any content from me it seems “outside my swimlane”. I mean sure I like bitcoin, but like others here I have other dimensions too and I prefer a platform that does not disincentivise the expression of the multidimensionality of the human spirit.

dsbatten
dsbatten 6d

Agreed. Here’s yet another example of how bitcoin is helping heal the planet. https://www.youtube.com/watch?v=Jzt19nx4F-I

dsbatten
dsbatten 7d

Nah. I was just being cryptic. I’ve been waiting 10 days to get a reply from X support after losing access to my account due to an attempted hack. I was able to claim back my Twitter profile but I can no longer log in and X support has been … let’s just say “tardy.”

dsbatten
dsbatten 7d

Looks like I’ll be posting more on Nostr and less on Twitter coming up.

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I write about things that influence bitcoin adoption newsletter: danielbatten.substack.com

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