Bitcoin Wastes Energy

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Understanding bitcoin's relationship to energy not only helps one understand how it will provide more energy abundance, but also undermines the accusation of bitcoin being fiat "created from nothing."

"The Yap Island chiefs who refused O’Keefe’s cheap Rai stones understood what most modern economists fail to grasp: a money that is easy to produce is no money at all, and easy money does not make a society richer; on the contrary, it makes it poorer by placing all its hard-earned wealth for sale in exchange for something easy to produce." The Bitcoin Standard - p. 16


Balancing the Grid

Bitcoin transforms otherwise wasted energy into something valuable. And bitcoin makes it economically feasible to build-out the grid to ensure extra energy is available during emergencies in which power can be easily redirected by simply shutting down bitcoin miners.
(16-minute video)


Bitcoin mining helps balance the Texas grid by consuming power when it is not needed and turning the miners off when there is extra demand.
(3-minute video)


Bitcoin mining addresses the electricity crises globally and helps balance demand between renewable power and AI data centers.
(36-minute video)



This X post offers a quick breakdown of seven sways Bitcoin mining lowers the cost of residential power by 20%.



Bitcoin miners are saving Texans billions in energy costs.





Article: How Bitcoin mining stabilized the grid, saved Texans $18 billion, and earned the ire of Berkshire Hathaway Energy

Changing the Economics of Hydropower

A bitcoin mining company called Gridless is helping to bring much-needed electrification to Africa by harnessing hydroelectric and other power that has otherwise been wasted because it is too remote to economically transmit it to larger cities.
Nairobi, Kenya (5-minute video)

Zambia (4-minute video)


Inside Africa's Secret Off-Grid Bitcoin Mines (17-minute video)


Bitcoin mining helping to bring electricity to Ethiopia (2-minute video)



Free enterprise v Big Government, bleeding-heart scams that pretend to be charitable while spending other people's money. Bitcoin mining is enabling a 10-20x faster buildout of Ethiopia's electrical grid than all the previous efforts by 20 global institutions and development banks, including the UN, World Bank, IRENA, African Development Bank, and Rockefeller Foundation.



Old, small dams once again become economically viable when Bitcoin mining is added to the equation.


Bitcoin Saved 150 acres of Costa Rican Rainforest



Flare Gas

Flare gas and stranded gas from the oil-drilling industry has always been a huge to atmospheric pollution. Bitcoin miners are now converting that environmental waste to bitcoin.
(9-minute video)


180kw Off-Grid Bitcoin Mine in the Remote Canadian Oil Patch
(12-minute video)


Clip from 60 Minutes about harnessed flare gas in Wyoming.
(3-minute video)



These bitcoin mines reduced a net total of 29,300 metric tons of CO₂ equivalent to taking 6,800 gasoline-powered vehicles off the road for a full year.
(3-minute video)



Disposed Tires

Bitcoin miners are solving the tire disposal environmental disaster by turning those tires into energy.
(9-minute video)


Coal Mine Tailings

Mountains of waste coal pollute the Pennsylvania countryside. Bitcoin miners are transforming this environmental disaster into energy.
(6-minute video)


Landfill Emissions

Bitcoin mobile mining installed on landfills are mitigating methane pollution from landfill emissions.
(4-minute video)

Heating Greenhouses

Bitcoin mining heating greenhouses in the Netherlands, turning excess energy into a tool for growing flowers.
(3-minute video)

Mining Bitcoin with Discarded Vegetable Oil

(31-minute video)



Volcano Mining

While climate summits have failed to produce long lasting results and CO₂ keeps rising, Bitcoin mining creates a real free market incentive to unlock clean, green energy. (2-minute video)


Iceland is the largest Bitcoin producer per capita.
(8-minute video)

Recycling Heat

50% of the world's energy is used for heating. It just so happens that heat is a side benefit of mining bitcoin. (4-minute video)


Mining for Beef Jerky (1-minute video)


Recycled heat from Bitcoin mining rigs used to heat entire towns (13-minute video)


Heating a Home with a Bitcoin Miner (3-minute video)





Benefits of Bitcoin Mining

PR video for Bitcoin mining giant, BitDeer, takes a quick tour across three continents to tell the stories of individuals and communities that are better off due to Bitcoin mining in their backyards. (9-minutes)


Bitcoin mining allows energy-rich countries to export their power globally, 24/7, without the need for physical pipelines or ships. (1-minute)






Brainstorming about Bitcoin's Future Benefit to the Environment

This podcast episode envisions a bitcoin mining robot that cleans the forest floor to prevent devastating wildfires. The idea could have merit due to Bitcoin economics. (1hr 13min audio)


What Bitcoin Mining Actually Does

One of the best and most concise explanations of Bitcoin mining — IT'S A DYNAMIC AND GROWING FORCEFIELD! (8-minute video)
View on X


Bitcoin Incentivizes Less Waste

Immense environmental benefit of shifting away from a consumerist society (4-minute video)




Lawrence Livermore Chart (LLNL Chart)

According to the LLNL Energy Chart, 61% of distributed energy is rejected. Bitcoin mining will begin eating a significant chunk of that.



Related page: Energy as Money





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