The Mt Gox bankruptcy proceeds, which amount to a total of 137,000 BTC, may be distributed in early 2023.

Bitcoin’s parity with gold would yield a 25x return, so there’s a lot to like in adding a 4% position in digital gold for every ounce of gold you buy. At today’s prices, Bitcoin-Gold parity would bring us a $500,000 Bitcoin.

Current Bitcoin Lightning Capacity is about $90 million. Wrapped Bitcoin on Ethereum (WBTC), which is just 10% of the TVL in DeFi applications, is 40x larger.

Bitcoin mining produces a lot of e-waste annually, about the same amount as a country the size of the Netherlands. Only about 17% of this e-waste is recycled today.

Bitcoin miners have been using wastes and stranded energy sources like flared methane, stranded geothermal energy, coal refuse, and even recycled waste tires. Hence, the narrative that Bitcoin mining is damaging to the environment may need to be relooked.

The wasted energy from flaring in the U.S. alone is equal to 78% of the energy used by the global Bitcoin network in 2021. Repurposing flared energy towards Bitcoin mining would drastically reduce the amount of greenhouse gases entering the atmosphere.

Bitcoin mining can help strengthen renewable energy grids as renewable energy is unpredictable and results in excess energy during off-peak times that results in energy producers curtailing that energy. Miners can be a constant energy buyer of last resort, increasing profitability for renewable energy operations.