CoinWorld News reports that ESG researcher Daniel Batten has rebutted nine common criticisms of Bitcoin mining energy consumption, pointing out that all have been refuted by peer-reviewed research and grid data. He stated that Bitcoin's resource consumption is unrelated to transaction volume, that mining helps stabilize the grid rather than raising electricity prices, and that it is part of an industry where over 50% of energy comes from sustainable sources worldwide.
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CoinWorld News reports that ESG researcher Daniel Batten has rebutted nine common criticisms of Bitcoin mining energy consumption, pointing out that all have been refuted by peer-reviewed research and grid data. He stated that Bitcoin's resource consumption is unrelated to transaction volume, that mining helps stabilize the grid rather than raising electricity prices, and that it is part of an industry where over 50% of energy comes from sustainable sources worldwide.