Recent research challenges the prevailing narrative surrounding Bitcoin mining”s impact on energy consumption and power grid stability. According to ESG expert Daniel Batten, earlier assertions that Bitcoin mining exacerbates energy waste and destabilizes electrical grids were based on outdated and incorrect data.
Studies conducted by Cambridge University and Duke University have provided new insights, confirming that Bitcoin mining does not increase energy use per transaction. Batten emphasized that the misconception originated from a 2018 article by analyst Alex de Vries, which inaccurately linked energy consumption to individual transactions. He stated, “Bitcoin”s energy use remains flat regardless of transaction growth.”
Data from the Texas grid operator, ERCOT, further supports this view, demonstrating that Bitcoin mining has played a crucial role in balancing the grid during times of high demand. During extreme weather events, including the severe heatwave in July 2022, mining operations contributed to grid stability by responding flexibly to supply fluctuations.
Batten noted that Bitcoin miners can provide interruptible power loads, which are particularly beneficial for integrating renewable energy sources like wind and solar. These operations not only help maintain balance but also assist in frequency regulation, confirming that miners can act as load balancers during peak demand periods.
Furthermore, updated data from 2025 indicates that previous estimates of electronic waste related to Bitcoin mining were overstated by over 1,200%. Batten criticized earlier models for relying on flawed assumptions regarding hardware turnover rates. He also debunked claims that mining drives electricity prices higher for households, citing stable power costs in mining zones from 2021 to 2024.
Batten concluded that Bitcoin miners offer a unique opportunity to absorb surplus renewable energy, potentially delaying costly infrastructure expansions and reducing reliance on gas peaker plants. As the energy landscape evolves, properly managed Bitcoin mining could serve as a valuable asset to modern power systems.
