ESG Expert Batten Debunks Nine Myths on Bitcoin’s Energy Use

Daniel Batten rebuts nine common claims about Bitcoin mining, citing peer‑reviewed studies that show energy use is independent of transaction volume, can stabilize renewable‑heavy grids, and has surpassed a 50% sustainable‑energy threshold.

  • Daniel Batten challenged nine common criticisms of Bitcoin mining’s energy use in an X thread.
  • Peer-reviewed studies and a University of Cambridge report show Bitcoin’s resource use is largely independent of transaction volume.
  • Evidence cited says mining can stabilize grids, lower consumer electricity prices, and reduce renewable energy curtailment.
  • “Bitcoin mining is, in fact, the only global industry for which there is robust, third‑party data showing it has crossed the 50% sustainable energy threshold.”
  • Claims that proof‑of‑stake blockchains are clearly superior on environmental grounds are disputed as conflating energy use with environmental harm; see the discussion of Ethereum’s prior energy use in an article.

Daniel Batten posted an X thread on Saturday disputing nine frequent claims about Bitcoin mining’s environmental impact, citing peer‑reviewed studies and grid data to rebut critiques from commentators such as those in a critique of Harvard and a Bloomberg opinion piece.

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Batten noted multiple peer‑reviewed studies and a University of Cambridge summary that find Bitcoin’s energy and resource use do not rise with transaction volume, which implies transactions can scale without proportionally increasing energy consumption. He also said mining can act as a flexible load on renewable‑heavy grids and help stabilize systems.

He disputed claims that mining raises consumer electricity prices, saying neither grid‑level data nor peer‑reviewed studies support that assertion and that some examples show mining lowering prices. Batten argued country-level energy comparisons are misleading and emphasized that mining produces only scope‑2 emissions from electricity use.

Batten highlighted what he called a sustainability milestone: “Bitcoin mining is, in fact, the only global industry for which there is robust, third‑party data showing it has crossed the 50% sustainable energy threshold.” He also challenged the view that proof‑of‑stake is automatically better for the environment, saying that equating lower energy use with lower environmental harm can be inaccurate and citing coverage of Ethereum’s prior energy use in an Australian Financial Review article.

Batten cited studies by Moghimi et al. and Lai and You showing mining reduced renewable curtailment and improved microgrid economics, and he pointed to projects such as Gridless delivering renewables to communities. The thread can be read in full on Batten’s X thread.

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