The Bitcoin Adoption Forecast

The Bitcoin Adoption Forecast

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The Bitcoin Adoption Forecast
The Bitcoin Adoption Forecast
Issue #009: The surprising story of Chinese Bitcoin mining
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Issue #009: The surprising story of Chinese Bitcoin mining

Daniel Batten
Apr 05, 2024
∙ Paid
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The Bitcoin Adoption Forecast
The Bitcoin Adoption Forecast
Issue #009: The surprising story of Chinese Bitcoin mining
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Dear subscriber,

Welcome to The Bitcoin ESG Forecast #009.


Main story

Ever since the 2021 mining ban, finding out what’s happening in China has been hard. But it matters. What happens in China affects Bitcoin’s ESG story materially.

So I did some digging, interviewed some Chinese miners and collected some data.

A lot of what you’re about to read has not been disclosed publicly until now. Findings include a novel use case, a great heat recycling story, and an explanation about why the remaining Chinese hashrate is greener than it was pre-ban.

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