
Daniel Batten|Mar 25, 2025 13:50
Just about fell off my chair this morning. @bbc just published a positive news story about Bitcoin mining helping bring rural African villages out of energy poverty.
https://www.bbc.com/news/articles/cly4xe373p4o
They couldn't resist zooming out and implying this is an outlier (it isn't, the majority of off-grid bitcoin mining operations are renewably-powered). In doing so BBC made three factually incorrect statements at the end about Bitcoin mining straining grids (multiple peer reviewed studies show the opposite is true), and "Greenidge gas power plant in New York which was renovated to mine bitcoin" (it didn't, it re-opened to supply power back to the grid), and stating that Bitcoin mining needs artificial govt incentives or rules to do the right thing (It doesn't, it's become 56.7% sustainably powered without any govt incentives)
But let's shine the light on the positive - it has far fewer factually incorrect statements than previous reporting, and its a step in the right direction in its gradual journey towards objective Bitcoin reporting for a media company that has until now only published negative news stories on Bitcoin.
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