Bitcoin for
Energy and Climate
Through real-world applications and proven outcomes, Bitcoin has positioned itself as a catalyst for efficacious energy delivery, reductions in emissions, and a driver of energy infrastructure.
A Proven Model for Sustainability
Contrary to criticisms, Bitcoin’s energy use has demonstrated a clear path towards sustainability, leveraging renewable energy and preventing waste at a scale unmatched by traditional technologies. Its impact is not hypothetical; case studies from across the globe affirm its success in reducing emissions, advancing energy independence, and fostering a cleaner, more efficient energy system.
Bitcoin has shown that it is not merely compatible with global climate goals—it is actively contributing to their achievement. By rethinking energy use and aligning with sustainable practices, Bitcoin has solidified its place as a critical tool in the fight against climate change.
A Mining Primer
Presented by Australian, David Bartholomew, the Non-Executive Chairman of NASDAQ-listed bitcoin miner Iris Energy.
David provide a brief overview of how this Australian-based businesses is driving down energy pricing for Canada, and provide FCAS services to the energy grid in Texas.
Advancing Energy Sovereignty Generating Energy and Revenue for Public & Private Sectors
Bitcoin mining has successfully unlocked the potential of energy sovereignty by enabling energy producers, from small communities to entire nations, to better utilise and monetise their energy resources. By using stranded or excess energy, Bitcoin mining operations have created new revenue streams for remote regions and energy-rich areas that were previously unable to benefit from their full energy capacity.
In practice, Bitcoin miners have stabilised energy grids by acting as on-demand energy consumers, helping balance supply and demand. These operations have already demonstrated success in fostering energy independence, reducing reliance on centralised energy systems, and empowering communities to take control of their energy resources.
Bitcoin Mining, FCAS, and Energy Price Stabilisation Leveraging Bitcoin to drive energy price stability and grid resilience.
Bitcoin mining’s integration with Frequency Control Ancillary Services (FCAS) markets contributes significantly to robust energy grids while delivering economic benefits for consumers and governments.
By acting as flexible energy consumers, Bitcoin miners stabilise grid frequency, enabling the efficient use of surplus energy during periods of low demand and supporting grid reliability during peak loads.
This demand-side flexibility prevents energy curtailment, maximising the value of renewable energy and reducing the strain on infrastructure. For consumers, this results in lower energy prices by spreading operational costs across a more stable and efficiently managed grid.
Furthermore, Bitcoin mining generates additional revenue streams for governments through taxation and fees from energy markets. These funds can be reinvested into public infrastructure or used to support renewable energy projects, creating a virtuous cycle of economic growth and energy affordability.
In this way, Bitcoin mining not only strengthens energy resilience but also fosters tangible financial benefits for society at large.
Reducing Methane Emissions Innovative solutions and strategies for a sustainable future.
Bitcoin mining has proven its efficacy in reducing methane emissions, a potent greenhouse gas responsible for significant global warming effects. By using otherwise wasted or flared gas from sources including landfills, Bitcoin miners have shown they can capture and utilise energy that would have been inefficiently burned or vented directly into the atmosphere.
Projects across oil and gas fields, landfill sites, and agricultural operations are successfully converting harmful methane emissions into productive energy for Bitcoin mining. These efforts directly mitigate climate impacts, offering a scalable, economically viable way to address a critical environmental challenge.
Driving Renewable Energy Development Advancing clean energy solutions today for an energy resilient tomorrow.
Bitcoin mining has demonstrated a significant role in accelerating renewable energy deployment and enhancing its economic viability. Miners have provided consistent, scalable demand for renewable energy projects, particularly in regions with intermittent energy generation from sources like wind and solar.
By consuming surplus energy that would otherwise be curtailed, Bitcoin miners are helping renewable energy projects become more profitable and sustainable. Across the globe, mining operations have driven investments in renewable energy infrastructure, supporting grid expansion and clean energy growth.
Bitcoin mining drives greater economic activity, pushes down subsidies, and incentivises greater investment in fast-scaling, cost-efficient, energy-generating assets.
Tackling Energy Poverty in Rural Areas Empowering communities with sustainable solutions for a brighter future
Bitcoin mining is proving to be a practical tool for addressing energy poverty, particularly in rural and remote regions. Energy poverty refers to the lack of access to reliable, affordable energy—a challenge often exacerbated in areas where energy infrastructure is underdeveloped.
By monetising untapped or stranded energy sources such as surplus solar, wind, or hydroelectric power, Bitcoin mining incentivises the development of local energy infrastructure. This approach has already demonstrated success in enabling electrification and economic empowerment in underserved regions worldwide.
In Australia, Bitcoin mining could revitalise rural areas by attracting investment in renewable energy projects, stabilising grids, and providing communities with affordable electricity.
These operations create jobs, enhance energy security, and transform energy-rich yet economically struggling regions into hubs of sustainable development.