New York Times Attacks Bitcoin With Piece Full Of Misinformation

The New York Times has once again published an inflammatory article about Bitcoin mining full of misinformation. Although leading Bitcoin researchers were quick to refute the information and data as biased and false, the article remains online in an effort to push BTC into the corner of a climate sinner.

One of the leading Bitcoin environmentalists and researchers, Daniel Batten, has picked apart the New York Times piece and data to the core, revealing that the article lacks any journalistic integrity. As Batten discussed at length on Twitter, the mainstream publication only cherry-picked the data that fit its “Bitcoin is bad” leitmotif.

Remarkably, this is not the first time the Bitcoin and crypto community has been enraged by The New York Times. The publication was heavily criticized late last year for publishing a “breathless love letter” to Sam Bankman-Fried, even though his billion-dollar fraud had long since been exposed.

Bitcoin Activist Sets The Record Straight

For Bitcoin mining industry insiders, it is already obvious at first glance that the NY Times article cannot be trusted. The NY Times’ table of top BTC miners is grossly inaccurate, as reported by Batten, who collected actual data over an 8-month period.

According to Batten, the NY Times article overstates the emission levels of mining companies Riot, Atlas, Cipher Mining, US Bitcoin Corp, Rhodium and Bitdeer by an average of 81.7%. Furthermore, there is ample evidence that the NY Times has cherry-picked data massively to support its thesis.

For example, there are currently 26 mining companies in the US and Canada that use more than 90% sustainable energy. Of these, the NY Times included only two in its data (Cleanspark and Terawulf). Within those two, the journalists focused on the least renewable energy-based sites and neglected those that are predominantly renewable.

“This is inception-like cherry-picking: cherry-picking within cherry-picking,” said Batten, who further says that the “article is full of such transgressions of genuine objective reporting.”

Further, Batten accuses the publication of not saying any positive word about the “demand response program,” in which Bitcoin miners play an essential role

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Author: Jake Simmons

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