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Mining & Energy
Bitcoin Policy UK
Bitcoin Policy UK has published research on how Bitcoin mining can support energy systems, from using stranded geothermal and solar power in Montserrat to balancing the UK grid with flexible demand. This page records that work, including its research papers, its response to HM Treasury on mining and energy, and a briefing paper on mining and environmental cleanup.
Alongside this collective work sits Susie Violet Ward’s reporting on renewables, methane, heat reuse and grid resilience, followed by coverage and conference appearances on mining and energy.
BPUK work on mining and energy
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December 2024 · Bitcoin Policy UK research paper
Published by Bitcoin Policy UK
Proposes using a small Bitcoin mine to monetise stranded geothermal and solar power in Montserrat, helping improve the economics of the island's planned geothermal plant.
Read the summary on pressfilesREAD SUMMARY →
Read the research paper (PDF)BITCOINPOLICY.UK →
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August 2024 · UK government, National Grid ESO and GB Energy
Published by Bitcoin Policy UK
Argues that Bitcoin mining can act as flexible, interruptible demand that buys surplus renewable power, citing a projected 72 TWh of annual oversupply by 2030. It sets out three ownership models, including National Grid or GB Energy facilities.
Read the summary on pressfilesREAD SUMMARY →
Read the paper (PDF)BITCOINPOLICY.UK →
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26 April 2023 · HM Treasury
Published by Bitcoin Policy UK
Explains how energy secures Bitcoin, points to the Cambridge index as the authoritative source on its electricity use, and suggests government incentives for mining's role in renewable grids and methane mitigation.
Read the summary on pressfilesREAD SUMMARY →
Read the response (PDF)BITCOINPOLICY.UK →
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3 February 2023 · Briefing paper
Bitcoin: A Tool For Environmental Cleanup
Published by Satoshi Action Fund with Bitcoin Policy UK
A one-page briefing on how Bitcoin mining can cut methane emissions, use curtailed wind and solar power and help balance electricity grids, with links to supporting research.
Read the briefing paper (PDF)BITCOINPOLICY.UK →
Reporting and commentary
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Forbes · 11 March 2026
Cuba's grid collapse in March 2026, and whether local microgrids and flexible Bitcoin mining could improve resilience.
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Forbes · 16 December 2024
Mining as flexible demand on European grids, including an Austrian Power Grid pilot and heat reuse in Finland.
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Forbes · 9 September 2024
A Bitcoin Policy Institute study on mining and emissions, and a review of seven years of research on Bitcoin's energy use.
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Forbes · 3 July 2024
The proposed 30% US tax on electricity used by miners, with Texas's ERCOT market as a comparison.
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Forbes · 18 April 2024
Ocean thermal energy conversion paired with mining, and mining at Paraguay's Itaipu Dam.
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Forbes · 25 March 2024
Iceland's debate over using renewable energy for mining or food, and projects that grow food with heat from mining.
View more reporting9 MORE →
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Forbes · 18 February 2024
A planned 120MW mining and AI data centre in Addis Ababa, drawing mainly on hydroelectric power.
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Forbes · 29 January 2024
Margot Paez's critique of a United Nations University study on the energy use of Bitcoin mining.
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Forbes · 6 November 2023
Immersion cooling and underclocking at CleanSpark, and mining powered by biomethane from pig slurry and maize.
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Forbes · 3 November 2023
A 2023 campaign proposal to power mining with surplus natural gas from the Vaca Muerta shale formation.
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Forbes · 18 October 2023
A KPMG report on mining, grid stability and methane, and how miners were staying profitable at record hash rates.
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Forbes · 22 August 2023
Oman's $370 million data hosting and Bitcoin mining centre, unveiled in August 2023.
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City A.M. · 31 July 2023
Using landfill gas to power mining, including site criteria and revenue from carbon credits.
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City A.M. · 12 July 2023
The case for growing mining in the UK, with miners as flexible demand alongside wind and solar.
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City A.M. · 26 January 2023
The basics of Bitcoin and mining's energy use, with projects using renewable and stranded energy.
Coverage and appearances
View more appearances9 MORE →