Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: alexey14 on March 29, 2018, 07:52:50 PM



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