Fake News Of The Day: "Bitcoin Mining Is A Growing Environmental Threat"

[10BTCaDay]

At the moment, mining is not very profitable from the point of favor for the miner, because the price of bitcoin has fallen, which means that they are working at a loss.

[Ucy]

This is probably one of those  government sponsored researches to make Bitcoin look bad?
 
 It's funny though the damage this kind of propaganda has done to the world of Crypto mining. Very few people want to be recognized as miner these days.  Many have gone into hiding. Gone are the days people proudly display their mining hardware on social media. No one wants to be accused of being part environmental terrorism or hunt down by "governments."

[Ranly123]

Bitcoin mining is always looking for the cheapest energy available anywhere in the world. It makes no difference if you are mining in America or Asia, you just need the cheapest energy.
Hydroelectricity is the cheapest (or of the cheapest) energy sources available.

All this fake news and misinformation about bitcoin mining is sad.

Bitcoin mining uses as much electricity as Christmas lights decorations.

http://www.coindaily.co/christmas-decorations-consume-as-much-electricity-as-bitcoin-mining/

I guess that's true with only mining rig that is used but, how about if you are using multiple mining rig to mine Bitcoin? Is it also the same power usage as Christmas decorations? I know I am not into mining but I was just curious about it and how much is the power consumption on every mining rig or is there any way to lessen it's energy consumption without using hydroelectricity.

[netto7]

"Sin Tax" OH MY GOSH  who can think like this?

and have many "Sin Tax" for gold and fiat?