Bitcoin Mining Rebranded as Green Investment by Critics
Daniel Batten, a financial expert, has been advocating for Bitcoin mining as a green investment opportunity. In 2022, he considered it to be the best option among all other sustainable investments, but his view was met with skepticism at that time. However, after four years and the publication of 30 peer-reviewed papers highlighting Bitcoin's environmental benefits, many critics have retreated from their earlier opposition.
Batten has also addressed the issues of wasted energy and intermittency in renewable grids, which he believes can be solved by Bitcoin mining. He previously argued that central banks do not hold Bitcoin due to concerns about transaction monitoring.