"Gold Loses Status as Haven"
- Wall Street Journal, September 2022
The WSJ nailed the Gold pico-bottom @ $1,670 an ounce.
It's now up 60% in two years thanks to multiple nations stacking it hand over fist... as a haven.
Be careful who you listen to.
@ChristophBeisl1@f_schaeffler So ein Unsinn! 🚨 13 der letzten 15 wissenschaftlichen (peer-reviewed) Studien zu Bitcoin und Energie zeigen, dass Bitcoin verschiedene Vorteile für die Umwelt bietet.
Hier sind alle Links: https://t.co/uy9F7fjOQF
13 of the last 15 peer review academic papers on Bitcoin & Energy show Bitcoin has significant environmental benefits.
Here they are
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/rD4GcZGu1t
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
Findings
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. Also "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/RGsIe6zEVx
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/8TzE5cQWmr
Findings
* Bitcoin mining with renewable energy is profitable in 96% of cases, and is more consistently profitable than chemical-based utilization (hydrogen, ammonia, and methanol)
* "Profits from bitcoin mining can empower energy transition"
13. The Relationship between Biomass & Bitcoin
https://t.co/l70JMNjMR2
Findings
* "Bitcoin [can] accelerate the UN's Sustainable Development Goals”
* Bitcoin mining provides a way to make often economically unviable bio-refineries profitable
13 of the last 15 peer review academic papers on Bitcoin & Energy show Bitcoin has significant environmental benefits.
Here they are
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/rD4GcZGu1t
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
Findings
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. Also "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/RGsIe6zEVx
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/8TzE5cQWmr
Findings
* Bitcoin mining with renewable energy is profitable in 96% of cases, and is more consistently profitable than chemical-based utilization (hydrogen, ammonia, and methanol)
* "Profits from bitcoin mining can empower energy transition"
13. The Relationship between Biomass & Bitcoin
https://t.co/l70JMNjMR2
Findings
* "Bitcoin [can] accelerate the UN's Sustainable Development Goals”
* Bitcoin mining provides a way to make often economically unviable bio-refineries profitable
This topic is important because "Bitcoin is bad for the environment" remains a common misconception, despite significant evidence to the contrary. I hope this content provides valuable insights.
Just realised I never shared this:
⚡️ ₿itcoin Weekly 4 is live - this time focusing on a special topic: Bitcoin and the environment. Featuring great content by @DSBatten and @LynAldenContact.
Check it out: https://t.co/0hIDqE4cVU
13 of the last 15 peer review academic papers on Bitcoin & Energy show Bitcoin has significant environmental benefits.
Here they are
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/rD4GcZGu1t
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
Findings
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. Also "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/RGsIe6zEVx
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/8TzE5cQWmr
Findings
* Bitcoin mining with renewable energy is profitable in 96% of cases, and is more consistently profitable than chemical-based utilization (hydrogen, ammonia, and methanol)
* "Profits from bitcoin mining can empower energy transition"
13. The Relationship between Biomass & Bitcoin
https://t.co/l70JMNjMR2
Findings
* "Bitcoin [can] accelerate the UN's Sustainable Development Goals”
* Bitcoin mining provides a way to make often economically unviable bio-refineries profitable