Daniel

Bitcoin’s Potential Contribution to UNEP’s 2030 METHANE REDUCTION TARGET

Introduction: Previously, we published research showing that Bitcoin mining had the potential to reduce 0.15°C of global warming by 2045. This article is the sequel to that research. Because UNEP has declared that we must reduce methane levels 40-45% by 2030, we investigate how much Bitcoin mining can contribute to that goal. UNEP also stated […]

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Quantifying the Potential Impact of Bitcoin Mining on Global Methane Emissions

Daniel Batten Peer Review: Executive Summary Using Bitcoin mining to combust leaking methane sources can eliminate 5.32% of all global emissions by 2045. This represents 23% of all global methane emissions: more than half the UNEP’s targeted reduction of methane of 45% by 2045. That means that Bitcoin mining has the potential to avoid nearly

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Bitcoin: It’s counterintuitive, but it’s net positive for the environment

Bitcoin isn’t the great evil we have been led to believe. Until you’ve looked deeply into something, you’re not in a position to judge it, says Daniel Batten. John Lennon once said, “Life is what happens when you’re busy making other plans.” I remembered this line today when I recalled the plans I was making for this

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Quantifying the Potential Impact of Bitcoin Mining on Global Methane Emissions

Executive Summary Using Bitcoin mining to combust leaking methane sources can eliminate 5.32% of all global emissions by 2045. This represents 23% of all global methane emissions: more than half the UNEP’s targeted reduction of methane of 45% by 2045. That means that Bitcoin mining has the potential to avoid nearly 0.15% of warming by

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Bitcoin mining can slash methane emissions by 2030

Bitcoin mining can reduce our global emissions by up to 8% by 2030, simply by converting the world’s wasted and dangerous methane emissions into 80x less harmful emissions.  First some background. Around 20% of all our GHG emissions are from methane. (This graph says 17.4%, but subsequent NASA data reveals that’s been underestimated. More on

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An Unexpected Superhero

7-minute Video version Bitcoin Mining can drive us to 70% renewables-based energy consumption by 2030. To say “Bitcoin mining is good for the environment” is like saying “the sun is warm”: an understatement. Bitcoin Mining is our unexpected superhero. Here’s how. First, here’s our energy mix today. While renewables are growing. However – so too

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