Fremtidenførst

[Daniel Batten @DSBatten]

JUST IN: Norway plans temporary Bitcoin mining ban

Let's take a look at what this means for Norway =

Firstly, here is the government's stated reason for the temporary ban:

"Cryptocurrency mining is very power-intensive and generates little in the way of jobs and income for the local community."
~Karianne Tung, Minister for Digitalization

But we already know that the first part of the statement is misleading, and the second part is false.

In terms of power use, in places like Norway, where hydropower dominates the energy mix, Bitcoin miners have become key players in balancing supply and demand, ensuring that renewable energy remains profitable and scalable.

Much of the power that Bitcoin mining draws is hydropower that would otherwise have been wasted.
source: https://t.co/LDqC5lMTe6

Bitcoin miners in Norway are currently rewarded by the Norwegian govt for reducing CO2 because the heat they produce obviates the need for gas heating. Norway’s temporary ban removes a technology solution that Norway has recognized as decarbonizing ! source: source:
https://t.co/VQwcBuQstA

In terms of community benefit: this statement is not misleading, it is false

Firstly:
It keeps power prices low for the community. Norway discovered this the hard way when electricity prices rose 20% after Bitcoin mining was banned in one region of Norway
source: https://t.co/TUxFhi64Go

Second:
Bitcoin mining has been shown to be a technology that can help Norway, who import 70% of their food, to greater food independence - a considerable community benefit
source: https://t.co/O9ZddSJr8t

Third:
Aside from the community benefit of making energy more affordable and helping communities decarbonize, Bitcoin has been found to have considerable community benefits, both in independent reports just as this one which showed the community benefits of Bitcoin in US included creating 31,000 jobs, stabilizing electric grids due to their flexible power needs, and investing into their local communities

In real life case studies, these benefits include
employing locals, educating the workforce and even pushing down property taxes
source: https://t.co/CYOEzve3VE

Local mayor Ward Roddam called Bitcoin mining companies "deeply invested in the communities where they work" citing numerous specific examples of where they'd uplifted his local community.
source: https://t.co/byNVAcWMMK

So will Norway's temporary ban "help" the country? It depends on your definition of help. It will help Norway to maintain more fossil fuel based heat, waste a higher proportion of renewable energy, keep power prices high, while removing an important grid stabilization option.

This is not conjecture. It is what the data is telling us. This is why 16 countries who initially banned Bitcoin have now unbanned it after discovering the negative impact that the ban had
source: https://t.co/89lLmV09HH

As we can see from the charts in the link above, as the rest of the world is gravitating towards embracing Bitcoin mining as a grid stabilization tool, essential to maintaining energy security, energy stability and decarbonization goals - Norway's government's actions move them in the opposite direction.

Good luck Norway!

[Fremtidenførst @fremtidenforst]

@SvartHette Rule 1. never sell your bitcoin

[Fremtidenførst @fremtidenforst]

@frihetspenger @katie_martin_fx Ansetter dere?🤣

[Fremtidenførst @fremtidenforst]

@SvartHette Hahah, det er litt sykt. Dette har Jeff Booth snakket om faktisk. Han argumenterer for at en BTC kan hindre krig og uenigheter, da man ikke lengre kan printe egne shitcoins.

[Fremtidenførst @fremtidenforst]

@PunterJeff Do you use Trezor yourself?

[Fremtidenførst @fremtidenforst]

@Bariscrypto_ To the moon🚀🌚

[Daniel Batten @DSBatten]

A little known truth:

Since 2023, there have been 18 peer reviewed papers on Bitcoin & Energy.

16 concluded that Bitcoin mining supported climate action and UN Sustainable development goals while stabilizing grids and accelerating the energy transition.

Here are the 16 studies:

1. How Bitcoin Can Support Renewable Energy Development & Climate Action
https://t.co/TCskbMWkpT

Findings
Bitcoin mining helps renewable developers generate more profits, accelerating the renewable transition

2. Bitcoin’s Carbon Footprint Revisited
https://t.co/RDGFNPcVLm

Findings
[our research finding support] "a possible role for Bitcoin mining in promoting grid decarbonization" through effective demand response

3. Promoting rigor in blockchain energy and environmental footprint research https://t.co/3RCxig1bza

Findings
Reveals fundamental flaws in the work of Alex de Vries/Digiconomist (heavily quoted by mainstream media)

4. Bitcoin and Its Energy, Environmental & Social Impacts
https://t.co/A9xhDeWRT8

Findings
There is "transformative potential in the Bitcoin mining sector, especially regarding demand response, grid flexibility, and methane mitigation"

5. Drivers of Bitcoin Energy Use and Emissions Hass McCook
https://t.co/dcWJRkBxnS

Finding
Bitcoin mining's emissions has likely already peaked and is now trending downwards

6. Pairing crypto mining with green hydrogen offers clean energy boost https://t.co/DfcHXEoa1e

Finding
Bitcoin mining with green hydrogen makes wind farms 73% more profitable

7. Can bitcoin mining increase renewable capacity? https://t.co/yZ5PfpngUs

Findings
* Bitcoin mining can increase renewable energy penetration and obviates need for gas peaker plants.
* "When Bitcoin miners provide ... demand response, their emissions impact is largely mitigated."

8. Cryptocurrency mining as a novel virtual energy storage system in islanded and grid-connected microgrids https://t.co/GwKPMAQKZv

Findings
Microgrids (MGs) not using Bitcoin Mining waste significant renewable energy. However using Bitcoin mining
* stops almost all renewable waste* reduces MG costs by 46%
* accelerates MG development
* decarbonizes power production

9. High resolution modelling and analysis of cryptocurrency mining’s impact on power grids: Carbon footprint, reliability, and electricity price https://t.co/P8uVt9IaVr

Findings
Bitcoin mining's flexibility increases both grid reliability & stability

10. An integrated landfill gas-to-energy and Bitcoin mining framework https://t.co/f5d7PpiWcg

Findings
Bitcoin mining can profitably reduce landfill methane

11. Renewable energy and cryptocurrency: A dual approach to economic viability and environmental sustainability
https://t.co/3zb48tyvIG

Findings
* Bitcoin mining reduces the ROI from 8.1yrs to 3.7yrs while reducing CO2 emissions by 50,000 tonnes/year on a typical 50MW solar farm
* PoS blockchains (such as Ethereum) can not offer these features
* Profits from Bitcoin mining using renewable generation help accelerate the energy transition

12. Can bitcoin mining empower energy transition and fuel sustainable development goals in the US? https://t.co/FtXyKPXb2z

Findings
* Bitcoin mining with renewable energy is profitable in 96% of cases
* Bitcoin mining is more consistently profitable than chemical-based utilization (hydrogen, ammonia, methanol)
* "Profits from bitcoin mining can empower energy transition"

13. The Relationship between Biomass & Bitcoin https://t.co/MmgSu8MZTL
Findings
* "Bitcoin [can] accelerate the UN's Sustainable Development Goals”
* Bitcoin mining provides a way to make often economically unviable bio-refineries profitable

14. Can Climate Change be Mitigated through Green Hydrogen Coupled with Crypto?
https://t.co/wE007MZHNk

Findings
Pairing Bitcoin mining and Green Hydrogen can
* Accelerate the buildout of solar and windfarms
* Boost direct air capture technologies, capturing >7.4 t CO2e per Bitcoin

15. Rethinking bitcoin's energy use through sustainable digital business models and resources monetization
https://t.co/pm4LLzAXfV

Findings:
* BTC mining can "promote cleaner energy use and reduce the carbon footprint of energy production"
* By using renewable or stranded sources, Bitcoin mining aligns “economic incentives with sustainability goals"

16. Renewable Energy Transition Facilitated by Bitcoin

Findings: "the opportunities offered by bitcoin mining in reduction of the greenhouse gas emissions and renewable energy transition are greater than generally assumed" https://t.co/W3gytMgKfa

[Fremtidenførst @fremtidenforst]

@frihetspenger Satoshi har gitt en million BTC til verden, uten å tenke på egen vinning. Dette er BTC vi aldri vil se på markedet. Viktig å belyse at 5% av tot 21mill allerede er «mistet» her, og gjør bare BTC mer ettertraktet.

[Fremtidenførst @fremtidenforst]

@tnorth Damn, this the highlight of my week by now.

[CZ 🔶 BNB @cz_binance]

Waiting for the new headline: #Bitcoin "CRASHES" from $1,001,000 to $985,000.

Save the tweet.

[Michael Saylor @saylor]

Strategy has acquired 20,356 BTC for ~$1.99B at ~$97,514 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025. As of 2/23/2025, we hodl 499,096 $BTC acquired for ~$33.1 billion at ~$66,357 per bitcoin. $MSTR https://t.co/mNWDaXRE7N

[Fremtidenførst @fremtidenforst]

Akkurat fått ut hytten på AirBnB. Er det noen gulltips jeg burde vite om? Er mange med erfaring her inne. #FinTwitt #utleie #Airbnb

[Fremtidenførst @fremtidenforst]

@StuderBitcoin 1. Kjedelig at når dette kommer i en større avis, så kommer det en med null innsikt i MSTR å uttaler seg.

2. For en påstand å spy ut at alle verdier er slettet om BTC faller 50%. Viser til en med absolutt null innsikt i modellen.

[Fremtidenførst @fremtidenforst]

@Et_smartere_liv @ivardovik Flisespikke? Jeg liker arrugementer med penger spart er penger tjent, men hvordan kan det at pengene halveres i verdi hvert 35. år være flisespikkeri?

Og da antas 2% inflasjon. Inflasjon fungerer som renters rente, og en økning over 2% så står ikke dette eksemplet seg lengre.

[Fremtidenførst @fremtidenforst]

@trubrur Liker det jeg leser🫡

[Fremtidenførst @fremtidenforst]

@PunterJeff Okey, I will be first in line!

BTW, have you looked at Norway sovereign fund? They own 1-2% of $MSTR, which in turn makes Norway exposed to BTC. Just FYI.

[Michael Saylor @saylor]

Borrow ₿illions, Buy Bitcoin

[Morten Lund @MortenKirkvik]

DETTE ER DET BESTE JEG HAR LEST!!

Lønnes du av staten?

[Fremtidenførst @fremtidenforst]

@frihetspenger @misterrcrypto Kan du sende meg en DM, Torstein? Jeg ønsker å spørre litt om options i MSTR.