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Author Topic: Can bitcoin be used to clean environment and reduce waste??  (Read 313 times)
Zilon
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October 05, 2022, 10:08:07 PM
 #21

Miners are only consuming energy from the available source. Carbon emission is not only caused by Bitcoin mining energy consumption but by many energy consuming activity and Biofuel consumption. Its in the place for the government to create a habitable source of energy consumption that way Bitcoin mining will be more eco friendly creating a greener environment as well.
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October 06, 2022, 01:37:37 AM
 #22



There are so many good ideas on how to be using Bitcoin to be helping the environment. One, we can make volunteers clubs all over the world and make them part of the clean-up movement and use the garbage collected for energy generation which can used to mine Bitcoin. And we can be paying volunteers with tokens of appreciation using Bitcoin. Of course, I am not so sure if my idea can be workable.

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October 06, 2022, 01:47:40 AM
 #23

For long I read bitcoin isn't environment friendly and the cost of bitcoin mining is exorbitant.
 This is the main reason why many organisations and governments are criticizing bitcoin.
However i feel defferent.
I feel bitcoin can become a great tool of creating a much cleaner and greener environment. We should come together and work to create a better future world.

Most of the cities around the globe produce tons of waste and that waste end up in landfills, garbage hills, drains and so on.
Civic bodies don't really have capability, resources or even will to address these problems.

I feel if we allow bitcoiners to set biodegradation plants  for waste treatment. Such plants which decompose these waste and generate bio-gases like methane and other which can inturn generate electricity sufficient for running their bitcoin grids.

This will be a win win situation for all.

There will be cheap electricity for bitcoin mining , there will be biodegradation of waste as needed by civic bodies.
There will be greener and cleaner environment.

Overtime  an international  network or a global bitcoin grid, where citizens can invest for creating waste biodegradation plants and the bitcoin mined will be their reward in proportion to their investments.

I think bitcoin is an opportunity to bring together world and achieve the mammoth goals of environmental protection, poverty eradication and bringing prosperity and equality in world.

Please express your thoughts on this.



Let us say bitcoin never existed, then why aren't they doing this now? There would be less "wastage" and countries would have almost "cheap" electricity like you have stated. There are countries that struggle with electricity productions. Why don't they use this method? I am sure this is because it is more complicated that you think and isn't as much feasible as you think.

There are some questions or threads we see here mables me. What bitcoin has to do with environment again? Bitcoin is an online or a digital currency which can be used to buy goods and services and if the  service providers accept it. so I don't see any connection between the two. But if you understand bitcoin you would not ask such question. What your Fiat currency can do bitcoin can also do if only the environmental service agencies will accept it then bitcoin can be used.
Maybe if you read the post, you would have known what OP is talking about.

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October 06, 2022, 02:26:54 AM
 #24

If we consider that BTC is smaller than banks, but transactions traveling on Blockchain are at least 30% of banks, yes, BTC helps the environment. And that percentage will grow more and more

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October 06, 2022, 02:30:23 AM
 #25

Currently, more bitcoin miners are using renewable alternative energy so that it does not have a negative effect on the environment. many say that bitcoin is a major contributor to the greenhouse effect and makes the ozone layer thinner. despite the fact that bitcoin only uses a few percent of the world's energy and large industries still use it more and it is protected by the government. Bitcoin is always a suspect when it comes to global warming.
Cleaning the environment from waste pollution is not the task of bitcoin, it is not completely related because bitcoin only uses a few percent of energy. Especially now that some bitcoin miners use energy that is more environmentally friendly. This is the duty of the government and everyone's awareness so that the environment can be clean.

The earth will not stop warming until humanity gives up all building millions of industrial plants, mining minerals, environmental resources...That is the real cause of global warming. Bitcoin and miners are under a lot of pressure on the energy usage and waste of bitcoin, I believe we will definitely move all to clean energy in the future. What I expect is what they will say next with bitcoin when the energy issue is resolved even though it's not entirely bitcoin's fault. Will they accept bitcoin or will they find another reason to keep blaming bitcoin?

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October 06, 2022, 06:52:41 AM
 #26

As you said that Bitcoin is not environmentally-friendly because of mining, so it is the duty of every Bitcoin holder to do something for the environment. Your idea of setting biodegradation plants for waste management can really help with environment protection.
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October 07, 2022, 05:50:34 AM
 #27

Generation of bio furl is not easy as we say because it takes lot of infrastructure and land structure to fill all the space so why we have to go for the more expensive ways.

The real reason why government doesn't like bitcoin is decentralisation not because of it is consuming more electricity or producing anything which is against the nature.

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October 08, 2022, 04:16:31 PM
 #28

Honestly there is no need for biodegradable waste and so forth, just use solar panels and you are done already. Simply put solar panels on the roof of any place that mines bitcoin or any other coin, gpu or asic mining, whatever you do and after a certain level is passed (not to people who mine with one small rig, just mining farms) then you would have renewable energy and would help the world.

They could generate more than they use and sell it back to the world and there will be more clean energy. But that initial investment is not really at acceptable level because it already takes so long to recoup your investment, plus with volatility it may take even longer.

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October 08, 2022, 04:29:33 PM
 #29

Might be possible but we could have seen the results of this process on fiat production or even for the other energy needed stuff. What I mean is, we already know different ways to produce the fuels from wastes, for example, we already know how to make biodiesel from waste material, methane gas is literally thing of school project these days. However, sadly no subsidies are available for such projects which are more environmental friendly than ever.

Imagine if we apply same strategy for the bitcoin mining projects then we could be winning the world in no time. Pure energy based mining thus pure transactions. Feels like futuristic movie scene if you ask me.
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