why bitcoin is bad for the environment

Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining


First of all, its a very badly written article, with not one piece of evidence on WHY its bad for the environment.

​

Second of all we all know that mining Bitcoin is no easy task and yes, uses a lot of energy, but here’s the catch.

In order to be profitable in mining Bitcoin you will have to find the most efficient source of energy, this forces mining company’s to mostly run on either energy that would otherwise be wasted, like at some coal or chemical plants. Or switch to green energy since this is more available every day, at the time of writing you can get your hands on energy for $0.05/kwh.

​

Also, miners can set up geographically basically everywhere, so there is no need to make room for it like cut down forests, like we see with gold mining. BTC only needs wires to send it elsewhere, no trucks and heavily guarded warehouses.

​

You’ve probably only seen, “Bitcoin uses a lot of energy”,and put that in you’re article. Not that the energy used was either gone up in thin air without purpose, or that these mining company’s used mother nature’s energy witch they harvested them selfs.

​

Fun fact, tumble dryers world wide use way more energy that Bitcoin mining, and 95% of tumble dryers don’t use green or otherwise wasted energy.

​

​

Bitcoin ain’t bad for the environment.



[ad_2]

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close