JUST IN: New peer reviewed research on Bitcoin Mining & Energy shows strong, varied, environmental benefits arise from Bitcoin mining using wasted, surplus and renewable energy. https://www.sciencedirect.com/science/article/pii/S2666954425000092#s0105 Published in Digital Business, Impact Factor 6.29 (high) Findings: 1. BTC mining can "promote cleaner energy use and reduce the carbon footprint of energy production" 2. By using renewable or stranded sources, Bitcoin mining "creates new business opportunities that align economic incentives with sustainability goals" 3. Bitcoin mining is not "an isolated energy-intensive activity, but as a flexible mechanism that can complement sustainable energy practices" 4. Bitcoin mining "aligns with the circular economy principle of maximizing resource utilization and minimizing waste" 5. Significant limitations were found in first generation studies on Bitcoin mining Previous studies that focused on [Bitcoin's environmental drawbacks] "often show inconsistencies, largely because they rely on two predominant methods for estimating BTC's energy consumption: the Cambridge Bitcoin Electricity Consumption Index (CBECI) and the Digiconomist Index. [Both] models have significant limitations due to their reliance on unverified or generalized assumptions, such as uniform electricity costs... Additionally, both models face challenges related to the extrapolation of limited or outdated data Where the article fits in the overall literature: The article adds to a growing Scientific Consensus, where 15 of the last 17 peer reviewed works on Bitcoin and Energy found positive environmental externalities from Bitcoin mining source: https://x.com/DSBatten/status/1874858383523618887