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Author Topic: Mining causes global warming?!  (Read 469 times)
tvbcof
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February 18, 2019, 04:12:50 AM
 #21

With the Green New DealTM, fossil fuels will be eliminated, so no matter how much electricity crypto mining uses, it will not add to global CO2 output.

Electricity will also probably be too expensive (and unreliable) for mining to make sense unless price or difficulty changes dramatically if the GND is passed.

Proof-of-work mining will always be profitable for people with lower than average power costs (on a world-wide basis) and unprofitable for those higher than average costs.

It makes no difference the value of the crypto or the difficulty.  Things will approach this equilibrium, or at least keep chasing it if the various dampening factors are strong enough.


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February 20, 2019, 11:43:12 AM
 #22

All around the world without electricity there is nothing possible, in this regard global warming will happen with each and everything. Mining is not an exception as it has got more power consumption. This is possible to be eradicated when we go on renewable sources for the mining power consumption.

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xvids
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March 05, 2019, 04:56:43 PM
 #23

Anything that we use now contribute to global warming,
Cell phones,vehicles and even the foods that we eat if it is process food,
Avery company contributes to it.
And anyone is responsible so what could we do about it?

tvbcof
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March 05, 2019, 06:16:00 PM
 #24

Anything that we use now contribute to global warming,
Cell phones,vehicles and even the foods that we eat if it is process food,
Avery company contributes to it.
And anyone is responsible so what could we do about it?

Any device which uses electricity to produce thermal energy for the purpose of heating something is conducive to performing proof-of-work mining 'for free' from an energy perspective.  That would include items such as wall heaters and water heaters.

As I mentioned above, it is common-case to sink excess energy into the environment in the form of heat in times of over-supply (like when there is to much sunlight shining on one's solar panels and the grid cannot absorb it.)  This would also be a use-case for proof-of-work mining 'for free.'

Of course the hassle and expense of designing, producing, and integrating mining gear means that it may or may not be worth it.  That depends more on proof-of-work blockchain developments than on energy systems.

---

Note that 'global warming' is a scam.  When it was initially conceived of as a scare tactic to help the wealthy obtain more control (see 'Club of Rome') the idea was that the waste heat from industrial processes themselves would kill us all.  That didn't wash from the perspective of thermodynamics.

Another thing which didn't pan out was was the Hubbard (of peak oil fame) idea of fossil fuel scarcity.

The CO2 scare kills two birds with one stone and the two above fake problems can be harmonized in the form of 'cap-n-trade', 'carbon credits', etc.  This centralizes control of entire world's economies into the hands of a few elite, and creates the 'scarcity' which the technocrats of the 1930's (including chiefly Hubbard himself) needed to justify using energy (denominated in BTU or equiv) as a new monetary system.

 

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March 05, 2019, 07:49:18 PM
 #25

Well, good. We need global warming to survive. More global warming produces more warm land for growing crops for food... and space to live on. It also places more moisture into the air, so that the ultraviolet light from the sun has more water to convert into H2O2. We need more H2O2 to purify the earth from disease so that Big Pharma will die from lack of being needed.

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March 06, 2019, 07:59:43 AM
 #26

Global warning caused by everything produced in the world.

Using of airconditioner are the main reason for it,so just stop using it and you can save world from global warming. Cheesy

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March 06, 2019, 10:21:39 PM
 #27

Global warming is very real, you can see it if you travel a lot like I do, and compare with how it was like, only a few decades ago. I've been flying several times over the Alps without seeing any snow, that would have been impossible 50 years ago.

Now, what are the facts: mining consumes a lot of energy, right? But who's at fault, here? It's not mining, it's greed. I don't know how many miners there are, but if there was only a tenth of all miners (90% energy saved), BTC would be working just as well. Nobody would notice any difference. Correct me if I'm wrong.

I used to be a citizen and a taxpayer. Those days are long gone.
tvbcof
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March 06, 2019, 11:09:41 PM
 #28


Global warming is very real, you can see it if you travel a lot like I do, and compare with how it was like, only a few decades ago. I've been flying several times over the Alps without seeing any snow, that would have been impossible 50 years ago.
...

Sounds like it could be a pretty good match for what one would expect from 'stratospheric aerosol injection', especially if the goal is, at least in part, to steer 'rivers in the sky' from one geographic location to another.  Doing so could have vast military, geopolitical, and economic advantages (especially with 'weather futures' on the market.)  Some of these ideas have been since long before any of us here were born.

For my part, I'll not be blaming CO2 as a Pavlovian response.  Bad conditioning I guess.  Or maybe it's the many hours/days of research I've done...including just looking up into the sky around my place over the last half-decade.


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March 07, 2019, 08:27:14 PM
 #29

Hawaiian scholars argue that cryptobinary can heat the atmosphere by 2 degrees in just ten years. According to them, 69 million metric tons of CO2 appeared in the atmosphere in 2017 due to mining, and if nothing changes, the atmosphere will heat up by 2 degrees Celsius in the next two decades. This is a catastrophic indicator that can lead to a global environmental disaster.
what do you think about this?
is it worth thinking about it?
It might be dangerous in the future but for now i think we should keep mining and I believe the future is going to take care of itself.  Many environmental pollution has been said before concerning one technology or the other and I strongly believe that this is one of those things and we should not over worried ourselves.
BADecker
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March 11, 2019, 03:25:28 PM
 #30

Mining causes global warming?!

Let's hope so. Because we need all the GW we can get just to survive the ice age that is coming.

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March 11, 2019, 09:41:15 PM
 #31

Hawaiian scholars argue that cryptobinary can heat the atmosphere by 2 degrees in just ten years. According to them, 69 million metric tons of CO2 appeared in the atmosphere in 2017 due to mining, and if nothing changes, the atmosphere will heat up by 2 degrees Celsius in the next two decades. This is a catastrophic indicator that can lead to a global environmental disaster.
what do you think about this?
is it worth thinking about it?
There are a lot of things that cause global warming more than mining and should be considered.
I think that beta-formation causes very small quantities and does not affect this degree in global warming.
Planted tree at each mining device
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