Nine myths about Bitcoin energy use challenged by data, ESG expert says

ESG researcher Daniel Batten says peer-reviewed studies challenge claims that Bitcoin mining destabilizes power grids or raises electricity costs.

Bitcoin’s environmental impact remains contested as critics question its energy use, while ESG researcher Daniel Batten disputes several of those claims.

In a Saturday X thread, ESG researcher Daniel Batten said nine common criticisms of Bitcoin mining’s energy use are contradicted by peer-reviewed studies and grid-level data.

“Every nascent disruptive technology is accompanied by claims that are based on lack of understanding, lack of data, and a fear of something unknown,” said Batten.

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