⚡️Shifting Narratives

Happy Friday, In A Nutshell this week:

• ⚡️Shifting Narratives

• 🇬🇧 UK Aligns With U.S.

• 🏡 Navigating the Shift from Real Estate to Bitcoin

• 🇺🇸 Bitcoin is Not a Currency?

• ♻️ Deep Dive With The Lead Author

• …and much more

If you enjoy the newsletter, pass it on to a friend, and you can earn free sats (see bottom of the email).

 🚀⏰ Today’s news should be a ~3.54-minute read (575 words).

🧠 Quote Of The Week

“You can't build a reputation on what you are going to do.”

– Henry Ford

⚡️Shifting Narratives

The latest Cambridge Bitcoin Mining Report just dropped by Cambridge Centre for Alternative Finance (CCAF) and it’s packed with important updates.

It's one of the biggest mining reports ever, covering 48% of global hashrate. Here are some key takeaways:

🌱 Sustainability is rising: 52.4% of miners now mostly use sustainable energy (up from 37.6% in 2022).

🌎 Mining remains North America-heavy: US miners account for 75.4%, Canada 7.1%, but new growth is emerging in South America, the Middle East, and Eastern Europe.

⚡ Electricity use is up: Global mining consumption grew 17%, now using 0.54% of global electricity.

🔮 Miners are diversifying into AI, HPC, flare gas, DSR and heat reuse to adapt.

Read the full report here

🇬🇧 UK Aligns With U.S.

UK Chancellor Rachel Reeves unveils draft crypto regulations for crypto assets to boost investor confidence and drive Fintech growth.

The new draft laws will extend existing financial regulation to companies involved in crypto, aligning Britain with the U.S., rather than the European Union, which has built rules tailored to the industry.

Freddie New brilliantly unpacked the draft and clarified a few points.

🏡 Navigating the Shift from Real Estate to Bitcoin

In his latest newsletter, Leon Wankum unpacks why Bitcoin is overtaking real estate as the preferred store of value. Looking at how Bitcoin's fixed supply and digital nature make it a superior savings vehicle.

He argues that as inflation erodes fiat currencies and real estate becomes increasingly inaccessible, Bitcoin offers a more equitable and efficient alternative for preserving wealth. This is a great read.

🇺🇸 Bitcoin is a Commodity?

US Commerce Secretary Howard Lutnick has made it clear: Bitcoin will be treated like "digital gold”, a commodity, not a currency.

Speaking on America’s Bitcoin strategy, Lutnick reinforced the administration’s view that Bitcoin is a store of value, not money for daily transactions.

Makes a change for a government to be speaking so positively about Bitcoin, but this framing will definitely ruffle some feathers.

♻️ Deep Dive With The Lead Author

Alexander Neumüller, Principal Researcher and lead author, discusses the new Cambridge Digital Mining Industry Report mentioned above.

In the episode, we dive into the latest findings on Bitcoin mining's sustainable energy mix, unpack key trends including geographic shifts in mining operations, off-grid mining growth, and how Bitcoin miners are monetising stranded energy sources worldwide.

The episode is available here: YouTube, Apple Podcast, Spotify

🔥 What else have you missed?

1. Nigerian Gov Passes Law Recognising Bitcoin As A Security.

2. Publicly-listed The Smarter Web Company has added 3.44 BTC to its balance sheet.

3. President Trump's Executive Director Bo Hines on becoming "the Bitcoin superpower of the world"

4. It's Too Late: The Changes Are Coming, Ray Dalio

5. Michael Saylor’s Strategy to raise $84 BILLION to buy Bitcoin!

🍾 Friday Fun!

This week’s crossword is now live - Play here

🧞‍♂️ Your wish is our command