Of the many fantasy adventures announced by Bukele during the infamous Miami Conference, there was the announcement of mining operations using the geothermal energy of a Vulcano (Vulcanode. I am sure I powered a  link to a video on this thread).

This is the perfect example of what you are referring to: a completely new Power plant built in a secluded area,  just because of cheap electricity to be used for mining operations.

I don't think it will help. I mentioned earlier, playing the game of "look how green this project is" will never work with environmental doomsday-ers, the game works like this:

1. you: "is this much ok?"
2. Doomsday-er "NO. THATS EQUAL TO 5000 NUCLEAR WEAPPONS EXPLODING IN A RAINFOREST YOU ARE STILL TEH WORST PERSON EVA AND MUST IMPROVE"
3. go back to 1.

and you don't mean "greenhouse", greenhouse is now a bad word (these people are insane, but cult members usually are slightly)



hmmm, we will see then. will Bukele get coup-ed before his secret volcano of Bitcoins goes live? Will Saudi Arabia start doing camel racing with Bitcoin prize money? Will Greenpeace change their name to OrangeWar and challenge Satoshi to a sumo match to the death? we live in strange times

Honestly its really easy to show why Bitcoin is not only NOT bad for the environment but is great for the environment and why Bitcoin mining is great for society.


Even getting beyond the whole it uses lots of renewables and stranded energy argument and stuff, which are good arguments, there is something much more powerful at work.



Power plants waste enormous amounts of energy by design to keep plenty of energy available for society whenever spikes in energy use occur so blackouts or brownouts don't happen. Bitcoin mining companies have already started to mine off this 100% wasted energy for a few years now. This is the future of bitcoin mining - entirely wasted energy. Not only does this mean Bitcoin won't use 'extra' energy, but it will stop the huge electrical waste in the energy infrastructure, greatly strengthen the energy infrastructure which is great for society, and hopefully this will mostly be done at renewable energy sources thereby bitcoin making renewable energy production for cheaper and more efficient than fossil fuels which will help steer the world to renewable energy and end our reliance on fossil fuels, which obviously is great for the environment.

Bitcoin mining is not only not a bad thing, its a fantastic thing! It provides benefits that literally nothing else provides, makes PoS consensus blockchains look hopelessly unhelpful to society in comparison, and is coming at just the right time when humanity needs it to push the world to renewable energy and stop all the electrical waste.


Granted Bitcoin isn't there yet, but this has already started and has been going on for a few years now. I don't know of a single other technology that can benefit society as much in the area of energy infrastructure and clean energy.

Honestly its comical when people talk about Bitcoin being bad for the environment and wasteful, because the truth is the exact opposite. If the people that hated Bitcoin because they think its an environmental disaster actually understood how it works they be doing everything they could to help Bitcoin and Bitcoin mining spread.

No. Bitcoin is absolutely great for the environment. You're not seeing the big picture. If you just say using energy is bad for the environment then everything that uses energy is bad for the environment so we should go back to the pre-electrical age!


Yes Bitcoin uses energy like everything in modern life, and yes much of the world's power comes from fossil fuels which means Bitcoin uses fossil fuels for some of its mining. But that is just surface level analysis.


Bitcoin mining is now starting to be done directly at power plants, using the excess energy 100% wasted energy the power plant already produces in order to be able to meet changing levels of electricity demand of society. In these cases Bitcoin mining is not the cause of ANY co2 production because it is using already produced but 100% wasted energy. And this is the natural future of Bitcoin mining. In the future every single power plant should have miners set up at it to use their wasted energy. Any power plant that tries to hold out on doing this while other power plants are doing this will simply be put out of business due to competition with plants that have bitcoin miners at it, and the power plant would be bought by companies that allow bitcoin miners at the plant. It's just basic economics.

So now only would this stop the ENORMOUS waste that is built into the energy production industry, but it would also mean Bitcoin is completely zero waste no matter what power plant (fossil fuel or clean) they are operating at. But this will REALLY help solar and wind farms because those sources of energy are intermittent so you have to vastly overbuild the power production in order to get a more reliable production, and as shown above, it is precisely where there is a lot of wasted energy that Bitcoin mining becomes most helpful. This means renewable energy and bitcoin mining go hand in hand and bitcoin mining can play a huge role in making the world go greener quicker. Final point is, there is literally no other technology on the planet that can accomplish this. So this incredibly impactful ability to help grow renewable energy production can only come from Bitcoin.

If you understand what I just wrote it should be clear that not only is bitcoin mining not bad for the environment, but it is incredibly good for the environment because it has a unique and incredibly important role to play in ending the massive power waste of the energy production industry while at the same time benefitting renewable resources more than fossil fuels and therefore being a prime driver to making the world adopt green energy more quickly. This is only just starting the past few years as companies have started mining directly at power plants, so obviously this huge beneficial impact Bitcoin will have on the environment is still mostly in the future, but it is happening and it is the inevitable course bitcoin mining will take simply due to the economics of energy production and the economics of bitcoin mining.

So yes, when I say Bitcoin mining is GREAT for the environment I really mean it. Not just is it great but it is UNIQUELY great in that no other technology can provide this benefit to society and the environment. Bitcoin is on the path of going from being an end user of electricity on the grid to being a service that strengthens the global electrical grid and promotes the economics of green energy. Once you understand this it's like a lightbulb goes off in your head. I too used to think it's unfortunate Bitcoin is able to use so much energy, until I realized the obvious path bitcoin mining is heading and once you realize this bitcoin mining using energy goes from being an unfortunate necessary thing to secure the world's best money to being a huge side benefit to society and the environment irregardless of even the benefit mining has on Bitcoin itself.


If politicians and environmentalists understood this is how bitcoin mining works and is the direction bitcoin mining is going they would do a total 180 and be doing everything they can to promote this future for bitcoin mining.

I've posted this explanation of mining a few times on bitcointalk now yet it seems hardly anyone who is into Bitcoin understands this. I only know this because I heard a podcast or two from people who run companies in the bitcoin mining industry and this is what they are doing. If people understood this it would clear up so much of the bad public optics and misinformation around bitcoin.

You might be not technically correct here, power plants don't waste energy, but you are correct on the sense of this comment.
Just think about the synergies of a nuclear plant coupled with a bitcoin mining operation. Enormous amount of energy with a very low marginal cost amortised with a bitcoin mining operation.

Because mining requires a large source of electricity, it's not strange to spend tens of millions each month, but seeing the potential results from mining is worth it, and the electricity is so large that it can reach 70,000 megawatts which can cause heat waves that can disrupt parts of the country, such as happening in Texas, but do they think much about the environmental impact? I think so, while being able to get a lot of profit from them no matter what.

Just to let you know this thread has been translated into Romanian by my friend Gazetabitcoin:

Another plan by Bhutan renewable bitcoin hydroelectric power plan is to boost it's operations in other to increase the mining activities thereby putting in the sum of about $500 million to move it mining operations to the next level.
https://twitter.com/BitcoinMagazine/status/1654093859322834946?t=eRC9bRHD4fOHj2K7gEAW9Q&s=19 we could see that after the discovery of this new mining activities from Bhutan after some years of being silence and unknown, they seems to be fully prepared for the task ahead towards mining bitcoin after understanding that role of financial capacity in this and hopefully Bhutan is going to be one the the most recognized bitcoin renewable mining facility in the world if they remain unstoppable in this.

disagree (not sure if this is the linked article verbatim, didn't check)


this is yet another (and there are soooo many ) example of IPCC driven corporate drivel.

most renewable energy products destroy or disrupt pretty large natural habitats and the (former) ecosystem that depended on it. Hydro dams are perhaps the worst, and I was surprised to see recently that experts on desert ecology claim that solar farms ravage the extensive underground system of plant roots that represents a significant part of the livable portion of that type of habitat (who knew?). but this is a case-by-case thing if ever there was, perhaps volcanoes don't house much wildlife to speak of (after the revelations about the desert though, I wouldn't be surprised if that's wrong)

I understand that going back to the stone age is the only realistic way to genuinely protect wildlife from human encroachment. But please, let's call it like it is: renewable energy projects invariably fuck the natural world up, and so the proven false arguments about anthropogenic climate change are in fact hiding the reality that industrial landscapes (which renewable energy plants are) are being extended even further into nature in the name of preserving or protecting it.

quelle surprise: UN agency tells extraordinarily humongous lies that destroy the very thing they claim to seek preservation of, and generate further money (for their friends) and power (for themselves) in the process.

Wow this is an amazing PDF, an added advantage to Bitcoin mining, miners are not to profit from the process alone but the environment included in its own form, Bitcoin is not just proving to be the best cypto currency but also beneficial to the environment, I see this as an opportunity for Bitcoin to be accepted by nations all over the world as the year proceeds,
Thanks for the post sir.