Bitcoin Mining as Europe’s Flexible Energy Backbone
The April 23, 2025 episode of the Mr. M Podcast features Rachel Geyer detailing how Terahash turns excess renewable power into grid support and industrial heat while exposing fiat’s hidden tax burdens.

- My 'briefing notes' summarize the content of podcast episodes; they do not reflect my own views.
- They contain (1) a summary of podcast content, (2) potential information gaps, and (3) some speculative views on wider Bitcoin implications.
- Pay attention to broadcast dates (I often summarize older episodes)
- Some episodes I summarize may be sponsored: don't trust, verify, if the information you are looking for is to be used for decision-making.
Summary
The April 23, 2025 episode of the Mr. M Podcast features Rachel Geyer detailing how Terahash turns excess renewable power into grid support and industrial heat while exposing fiat’s hidden tax burdens. Geyer argues that Bitcoin’s proof-of-work can advance European energy-sovereignty goals and that women-led education networks broaden adoption beyond early technical circles. Her insights frame Bitcoin mining as both an economic hedge and a policy lever that merits urgent, evidence-based research.
Take-Home Messages
- Flexible Load: Miners buy surplus renewables and balance 50 Hz grids on demand.
- Industrial Symbiosis: Terahash recycles ASIC heat to cut factory energy bills and emissions.
- Policy Leverage: Proof-of-work can satisfy EU climate directives if regulators separate it from speculative tokens.
- Financial Empowerment: Cooperative banks prove self-custody can meet compliance while reducing custody risk.
- Inclusive Growth: Women-led programs accelerate literacy, enlarging Bitcoin’s social license and talent pool.
Overview
Rachel Geyer recounts how her son’s 2017 Christmas gift of satoshis triggered a year-long deep dive into monetary history and revealed the fiat system’s 70% effective tax bite. She concludes that scarce money restores focus on time, energy, and personal responsibility. This awakening sets the foundation for her later executive role.
Post-Ukraine energy shocks threatened her family’s manufacturing group, prompting the launch of Terahash to monetize rooftop solar with ASICs and pipe recovered heat into cosmetics production. The pilot slashed costs, proved carbon savings, and demonstrated that miners thrive on energy others curtail. Geyer presents the model as a template for small and mid-sized EU manufacturers.
Alarmed by Brussels’ blanket treatment of digital assets under MiCA, she co-founded the European Bitcoin Energy Association to supply policymakers with empirical grid-stability data. She asserts that proof-of-work’s interruptibility advances renewable integration better than subsidized batteries. Early engagement, she argues, is critical to prevent proof-of-stake lobbyists from shaping hostile rules.
Beyond policy, Geyer spearheads “Learn Orange” conferences that attract 70 percent female attendance, challenging Bitcoin’s gender gap. She highlights Germany’s Volksbank pilot that offers Bitcoin only in self-custody, signalling a shift from custodial convenience to user sovereignty. Together, these initiatives widen the movement’s demographic and institutional reach.
Stakeholder Perspectives
- EU Regulators: Need evidence that interruptible mining supports climate targets without new subsidies.
- Grid Operators: See miners as real-time demand response that reduces renewable curtailment.
- Manufacturers: View heat-recapture mining as a hedge against volatile power prices and carbon costs.
- Cooperative Banks: Pilot self-custody services to retain clients while navigating AML compliance.
- Women’s Education Networks: Push for inclusive curricula to expand talent pipelines and societal acceptance.
Implications and Future Outlook
Bitcoin miners offer a programmable demand sink that accelerates Europe’s renewable build-out and strengthens energy sovereignty. Successful industrial pilots like Terahash will pressure policymakers to recognize proof-of-work as an energy asset rather than an environmental liability. As grid operators validate the data, integration standards are likely to emerge.
European regulatory outcomes remain uncertain because MiCA currently groups Bitcoin with speculative tokens and proof-of-stake interests fund anti-mining narratives. Proactive lobbying and transparent metrics could steer revisions toward technology-neutral rules that reward provable grid benefits. Failure to act risks driving mining investment—and its renewable synergies—offshore.
Inclusive education and cooperative banking models signal a shift from niche enthusiasm to mainstream utility. If women-led programs and self-custody services scale, Bitcoin adoption could broaden across demographic and income lines. That diffusion would reinforce political support for energy-centric use cases and hasten institutional learning curves.
Some Key Information Gaps
- How can EU policymakers clearly separate Bitcoin’s proof-of-work from speculative digital assets in MiCA revisions? Resolving this distinction shapes Europe’s innovation climate and sets a global regulatory precedent.
- Which demand-response protocols best integrate miners to absorb renewable curtailment without destabilizing grids? A tested framework would unlock immediate operational savings and guide future grid-planning models.
- What technical standards can scale industrial heat-recapture systems based on ASIC exhaust? Standardization lowers adoption costs, accelerates emissions cuts, and supports cross-sector knowledge transfer.
- How can hydro-powered mining ventures maximize long-term community ownership in emerging markets? Equitable structures ensure development gains align with Sustainable Development Goals and foster local support.
- Which curricula most effectively teach secure self-custody to first-time retail users? Robust education mitigates loss risks, supports financial sovereignty, and intersects finance, cybersecurity, and public policy disciplines.
Broader Implications for Bitcoin
Energy-Market Decentralization
Bitcoin miners could become a default buyer of last resort, encouraging distributed generation and diminishing reliance on centralized gas imports. Over time, this market layer may flatten wholesale price spikes, foster micro-grid innovation, and shift geopolitical leverage away from fossil-fuel exporters.
Fiscal Pressure for Reform
Public awareness of fiat’s hidden tax burden, highlighted by comparative Bitcoin yields, may drive calls to simplify tax codes and curb stealth inflation. Governments facing mobile capital might adopt flatter, more transparent revenue systems to retain talent and investment.
Gender Dynamics in Tech Adoption
Women-led Bitcoin education challenges stereotypes that slow broader technological diffusion. As female participation grows, policy conversations may pivot toward family financial security and intergenerational wealth, influencing product design and marketing strategies.
Comments ()