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Title: Is BTC Wasting of Resources? Post by: alexey14 on March 29, 2018, 07:52:50 PM I heard To generate crypto currencies, we are using huge energy, more than small country needs. It's wasting of resources? what do u think?
Title: Re: Is BTC Wasting of Resources? Post by: parobber on March 29, 2018, 07:56:42 PM Some cryptocurrencies use lots of energy as they are proof of work. It's undoubtedly a weak point and something that can be improved on but it's also often used as something to target by naysayers. Paper currencies may use a lot less energy in terms of production but in others ways they are a lot less environmentally friendly, these calculations exclude many things which are incalculable
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