netpositive.money

Bitcoiners contributing to climate change solutions

[netpositive.money @netposmon]

With the @FTX_Official offsets we had missed included, we now count total bitcoiners' contributions to climate action of more than $5,174,016 or 147 BTC for about 468,454t CO2 reduced: https://t.co/ZIc0HhnlHT! Please let us know what else we have missed!

[netpositive.money @netposmon]

This brings the total of Bitcoiners' contributions to the fight against climate change to $4,158,016 for an estimated 368,454 tons CO2 equivalent of positive impact.

[stefanwouldgo @stefanwouldgo]

I've looked over @_BenjaminAJones paper "Economic estimation of Bitcoin mining's climate damages demonstrates closer resemblance to digital crude than digital gold" (https://t.co/gSi89n5AjC) and here's what I found: 🧵@thetrocro, @jyn_urso @level39 @nic_carter

[netpositive.money @netposmon]

AAAND it's stolen! Finally up-to-date estimation in our https://t.co/p1V9rDEONM! Thank you, @CambridgeAltFin!

[netpositive.money @netposmon]

Independent science is back in the #Bitcoin climate impact discussion! https://t.co/b7t6hJ4DWz
We'll steal that data ASAP!

[netpositive.money @netposmon]

Oops, that's not from the linked page but the summary article: https://t.co/iOoo5jbJAC

[netpositive.money @netposmon]

Independent science is back in the #Bitcoin climate impact discussion! https://t.co/b7t6hJ4DWz
We'll steal that data ASAP!

[netpositive.money @netposmon]

Take note, @RasmusAndresen, @Schuster_MdEP, @DrStefanBerger: "the Chinese government’s ban on cryptocurrency mining and the resulting shift in Bitcoin mining activity to other countries negatively impacted Bitcoin’s environmental footprint."

Still think a EU ban is a good idea?

[Daniel Batten @DSBatten]

1/17
Can Bitcoin become carbon negative?

How does that even work?

Is it realistic?

What data do I have to support POW (what Bitcoin uses) being better for the climate than POS (what Ethereum now uses)?

Lot's of genuinely curious people. I'll do my best to summarize.

[stefanwouldgo @stefanwouldgo]

Killer junk science debunking thread!

[netpositive.money @netposmon]

What does that mean for https://t.co/GYoW2PFFu9? Continue reading this text on the website to find out how relevant we think our contributions still are today and what we plan to focus on in the future!

[netpositive.money @netposmon]

The times they are a'changing! https://t.co/GYoW2PFFu9 has a new landing page that tries to explain how we see our role changing in this rapidly evolving discussion of #Bitcoin's climate impact. 🧵/1

[netpositive.money @netposmon]

And check out https://t.co/kh4syWzGzC for an introduction to an idea by @thetrocro and @resistancemoney how we can green Bitcoin mining much more directly than through offsetting: mine your values! /4

[stefanwouldgo @stefanwouldgo]

Must-read metaphor here packing so much of the quickly evolving knowledge on Bitcoin climate impact. Bravo! Let's make this common knowledge! Meme it!

[Daniel Batten @DSBatten]

1/10
This chart says “Bitcoin is even better for the environment than we thought”

[HonigdachsPodcast @HonigdachsPod]

Huhu, wir sind wieder da-ha! Und in #Folge75 diskutieren wir über Krisen als wertvolle Lektionen, den Mega-🍿🍿🍿-September (danke, #Ethereum!), über das Potential von Methan-Mining und den unendlichen #Bitcoin-Kuchen. Also lasst es euch schmecken!
https://t.co/RvUAlLZRvJ 1/5

[Smiffy Big Coin @noufsmith]

This Ben Gagnon's thorough debunking of the @DigiEconomist (Hi Alex) data during yesterday's #Bitcoin @mining_council quarterly briefing.

Start at 00:45:55. @bitcoinarchive @thetrocro @DSBatten talks about this.

https://t.co/eLFlk0K430

[abecambridge @abecambridge]

Thank you to everyone that voted for Sun Exchange. We are officially the #1 impact Finance/Web3 business in the world!

[Level39 @level39]

🧵THREAD: As energy grids adopt a greater percentage of intermittent renewables, more power must be absorbed by demand response loads. Prices act as signals help balance the grid, #Bitcoin mining profitability responds like noise cancellation technology. /1