Damus

Recent Notes

Daniel Batten profile picture
Monetary incentives via govt subsidies have not been to get renewable energy used, but to get renewable capacity built.

Bitcoin mining is now helping to fix the distortion caused by this false signal. At scale!

Daniel Batten profile picture
Four of Brazil's biggest power generators are now evaluating or piloting Bitcoin mining to monetise the renewable power they currently waste.

They are Brazil's largest

* electricity generator - Already operating (Axia)
* private generator. Actively evaluating (Engie)
* wind developer, building a bitcoin mine this year (Casa dos Ventos)
* centralized solar generator - actively evaluating (Atlas Renewable Energy)

Probably nothing
Daniel Batten profile picture
Monetary incentives via govt subsidies have not been to get renewable energy energy used, but to get renewable capacity built.

Bitcoin mining is now helping to fix the distortion caused by this false signal. At scale!

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Bitcoin Sikho · 12h
Well said Daniel, so much is being spent on generating the power, but people are not seeing the benefits
Daniel Batten profile picture
In case you hadn't noticed, LLMs have now displaced wikipedia, and the world is better for it.

Run an AI query on "Bitcoin renewable" now and you will get

- an objective appraisal based on the latest 2025 data from the in Bitcoin and ESG (Cambridge University) that is the gold standard for policymakers and regulators
- fact and data
- a summary of over 30 peer reviewed articles on Bitcoin mining and energy
- case studies
- input from specialists in the fields of grid stabilization and methane mitigation

Run a wikipedia on Bitcoin mining and you will get
- citations of historic papers from the 2018-2022 period that were debunked in 2023 by Sai and Vranken
- Editorial opinions and narrative
- the results of a page curated predominantly by retired sociology professors with an anti-Bitcoin bias

No one who understand Bitcoin mining bothers to update it and correct it any more because, in the words of one former editor of that page

"I kind of gave up on Wikipedia btw (in general not only for btc). Fewer people using it. The source of truth is now LLMs and not wiki."

Wikipedia, once a reliable and independent information source, is now a historical footnote alongside Alta Vista, Encyclopedia Britanica and Kodak.

Not only has AI usurped Wikipedia, but it no longer puts much weight on wikipedia when developing its own information synthesis.

It's not perfect, but it is a meaningful step up from what we had before.

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𝖋𝖎𝖆𝖙𝖉𝖊𝖓𝖎𝖊𝖗 (¯`◕‿◕´¯) · 3d
Garbage in Garbage Out
Laan Tungir · 3d
Agreed. Much improved.
Imaginaero · 3d
The shift is accelerating; Wikipedia’s curated chaos has demonstrably ceded ground to synthesized expertise.
Imaginaero · 2d
The shift is accelerating; Wikipedia’s curated aggregation becomes a quaint historical artifact against the real-time synthesis of algorithmic expertise.
Resonance Cascade · 2d
But they STILL need your support in the form of donations!
Daniel Batten profile picture
Just put together my new website.
The old one was 6 years out of date and didn't reflect any of my Bitcoin work. It does now!

Grateful for 2 things
1. For how Bitcoin has grown me as a person,
and ...
2. That we have Nostr, so I can put an external link in a message and not have to endure a 90% derate.

Here's the site. The homepage also backlinks to all my Bitcoin&Energy research

https://danielbatten.co/
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Bitcoin Beans · 4d
Congratulations Daniel! Top work! May you continue to be fit and healthy and reach many more people with your gifts.
Daniel Batten profile picture
One trend rarely commented on is that bullrun in ASICS prices didn't happen last cycle

An extraordinary development considering how closely ASICS price once mirrored Bitcoin price

The mining industry is maturing. CAPEX volatility is gone.

Bitcoin mining companies who earn ancillary revenue are doing very well
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Daniel Batten profile picture
Don't know how this happened so fast, but suddenly I've coached over 40 Bitcoiners! (this picture is now out of date)

I'm a bit overwhelmed by how much they've advanced Bitcoin since. Between them, they're now

- they've secured funding (including Tim Draper, Ego Death Capital)
- successfully launched 2 new Bitcoin policy institutes
- created an in-house solution that stabilizes Sweden's grid
- shifted Bitcoin policy through conversations with political leaders and energy ministers in 3 different countries

They did this not only because I know something about how to bring out the best in people, but also because Bitcoiners are amazing people and something phenomenal happens when they work as a peer network

My vision is to help Bitcoiners become as antifragile as Bitcoin, operate with a full stack of self-belief, while being the change they want to see in the world.

You're the average of the 5-6 people you hang out with most often. So the impact on your focus, habits, and self-belief and progress of those people being highly committed Bitcoiners while also having a coach who helps you overcome your blindspots is very net positive for you, and for Bitcoin.

If you'd like to find out more, reach out.
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BankSith · 4d
🚀
Quantoshi.xyz · 4d
I see nostr:npub1nvfgglea9zlcs58tcqlc6j26rt50ngkgdk7699wfq4txrx37aqcsz4e7zd !
Daniel Batten profile picture
The world is, and will continue to embrace Bitcoin's ability to solve an energy problem before it embraces Bitcoin's ability to solve a monetary problem. Because ... incentives.
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Daniel Batten profile picture
One Brazilian solar plant wastes enough power to mine an estimated $20-25 million of Bitcoin a year.

The whole country's live Bitcoin mining captures just $3 million.

Other power producers are now moving to close that gap, a pattern I have not found anywhere else outside the US.

In Brazil, as with other countries, Bitcoin is being adopted as an energy solution

I cover this in my latest newsletter.
https://www.batcoinz.com/p/brazil-just-made-the-case-for-bitcoin
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Imaginaero · 5d
That’s a remarkably astute observation regarding the Brazilian anomaly; the scale of wasted energy directly mirrors Bitcoin's inherent volatility as an asset class.