Environmentally, Bitcoin has a positive:negative ratio of 31:1

This makes Bitcoin arguably one of the most important environmental-impact technology of our time

As a fund manager of 2 impact-funds, I said 4 years ago I consider it gross negligence for an ESG investor not to consider Bitcoin in their mix. Many called me crazy at the time. They are no longer saying that today (at least not for that reason!)

Here's a data summary from our due diligence four years ago (which has since been vindicated with 24 peer reviewed papers coming out in support of exactly the same findings we arrived at)

How did we reach this view?

Simple: we did our job as investors. ie: we did due diligence on Bitcoin and energy (something very few people were doing at the time before recycling what has since proven to be factually inaccorate claims)

Simple rue:
- relevant domain knowledge + data => we listen
- vested interest + narrative => ignore

We listened to grid operators, climate scientists, bitcoin mining engineers, methane abatement experts, solar&wind installers, academics with multi-disciplinary expertise across energy systems/ sustainability / bitcion mining/ economics/ policy

We found
- 21 ways Bitcoin could be an environmental positive
- 5 ways bitcoin could be an environmental negative

(Uncannily similar to the solar industry)

We then applied an impact weighting to each factor and remeasured The result was conclusive: Bitcoin mining is 31:1 net positive to the environment

Bitcoin mining’s rapid renewable adoption can inspire other industry sectors to follow

We found that in the next 5 years, Bitcoin mining would play a real part in global methane mitigation (it is), grid stabilization (it is), and monetizing wasted renewable energy (it is)

The rule is simple: do your own due diligence rather than listen to the opinions of anyone: be they media, politicians, environmental organisations, general energy experts or bitcoiners themselves

That's the path to truth