Bitcoin is Bad for the environment, taking the worlds energy - yes?

[irun4fundotca]

I definitely think people should look to solar.

It may actually get me back into it if I could set up a solar option

energy in california is ridiculous when I missed with 2 S2's it was 800$ a month

thats how i do it, athough i plan to upgrade and get more miners where i will take out the inverter and use direct dc from the array after running it through a voltage regulator that can handle the current at the needed volts, right now im wasting energy converting it to ac then dc again
it will reduce the need of server supplies & thats a good thing to save money on setup costs

but the inverter however allows for overnight operation from the battery bank that i plan to upgrade further too then perhaps do away with it all together

[ekoice]

I don't agree with this and I encourage to make every one realize that btcoin is good for environment since it is taking less energy than banks or other factories and it's users send peacefully more time in one place rather than moving here or there and using vehicles and causing pollution thus bitcoin has all plus in it always.

[Btcvilla]

You sound like a schizophrenic with a "the government is after me" conspiracy.

Like I said, you're a highly dangerous individual making such unfounded accusations, that could get the recipient of your "diagnosis" abducted and indefinitely detained; stood upon that eternally solid basis: blind faith and ignorance.... speaking of which:

You have some of the smartest people in the world, telling you its real, and you need to take action.

Having a job title, or letters after your name, or a swimming badge on your swim shorts demonstrates precisely fuck all about your ability within a given field of endeavour.

I don't care if a newspaper or the TV news repeats-repeats-repeats endlessly that "97% of scientists uphold anthropogenic global warming", because (and welcome to the 21st century, by the way) that's how propaganda works on people without an adequate sense of incredulity: very rich people with an agenda to push own corporate media, why would those people want you to believe or know information that's in your interests? Believe that garbage at your own considerable risk.




So, instead of making accusations that seriously risk the freedom and safety of the person you're debating, why don't you come up with some actual arguments, instead of saying "arrest the unbeliever" or "someone who knows something you don't told me that fiction X is real". That's the same kind of arguments that religious people make. And they're equally dangerous and ignorant for the same reason; blind faith.

You make a claim saying its the very rich pushing climate change. The very rich is claiming climate change is not real, so they can continue to profit off of oil. Climate change is not a religion. It is backed by evidence, its been studied for decade's. You sound like someone working for the oil companies, afraid of losing your wealth from oil.

This is the reason why America needs a better education system.

[Carlton Banks]

You make a claim saying its the very rich pushing climate change.

Yep.

The very rich is claiming climate change is not real, so they can continue to profit off of oil. Climate change is not a religion. It is backed by evidence, its been studied for decade's. You sound like someone working for the oil companies, afraid of losing your wealth from oil.

This is the reason why America needs a better education system.

Nope.

The line that big oil are pushing against climate change "science" doesn't hold water, you're clearly totally underestimating exactly the intricate lengths that despots and liars are willing to go to in order to sell a lie, even ordinary people can be fairly sophisticated with the lies they tell (you see that person who owes you some small amount of money? Notice how whenever they see you in the street, they say "I'll have it for you next week!". They're never going to give it to you). 

You've clearly never examined the decades of so-called "evidence", or bothered to wonder whether critical thinking needs to be applied to the work. Everything you've said is not based on any kind of science, and entirely on blind faith in authority views.

So, please, if you have no arguments of your own and only those of others, as I've just demonstrated (that's how evidence works, convincing through demonstration), allow someone who takes an interest in thinking critically to address your side of the "argument".

And last of all, I don't think anyone who can handle basic grammar and punctuation will be able to take your criticism of any technique or institution of education seriously. Let alone those who are capable of thinking for themselves.

[irun4fundotca]

I don't agree with this and I encourage to make every one realize that btcoin is good for environment since it is taking less energy than banks or other factories and it's users send peacefully more time in one place rather than moving here or there and using vehicles and causing pollution thus bitcoin has all plus in it always.

exactly, look at the toner,paper and other consumables that get put back into waste or burn up into the atmosphere, not to mention the processes involved to develop them into the product, every machine (alarm, cctv, cash register, counting machines, door locks, rfid scanners and whater might be used) in banks take for hydro, not to mention the 30 billion dollar head office buildings banks have eating up hydro, made by fossil fuel or nuclear power must ought weigh the costs to mine for the world itself, & i didnt even mention credit unions, or other institutions that can benifit from this technology

[Btcvilla]

You make a claim saying its the very rich pushing climate change.

Yep.

The very rich is claiming climate change is not real, so they can continue to profit off of oil. Climate change is not a religion. It is backed by evidence, its been studied for decade's. You sound like someone working for the oil companies, afraid of losing your wealth from oil.

This is the reason why America needs a better education system.

Nope.

The line that big oil are pushing against climate change "science" doesn't hold water, you're clearly totally underestimating exactly the intricate lengths that despots and liars are willing to go to in order to sell a lie, even ordinary people can be fairly sophisticated with the lies they tell (you see that person who owes you some small amount of money? Notice how whenever they see you in the street, they say "I'll have it for you next week!". They're never going to give it to you).  

You've clearly never examined the decades of so-called "evidence", or bothered to wonder whether critical thinking needs to be applied to the work. Everything you've said is not based on any kind of science, and entirely on blind faith in authority views.

So, please, if you have no arguments of your own and only those of others, as I've just demonstrated (that's how evidence works, convincing through demonstration), allow someone who takes an interest in thinking critically to address your side of the "argument".

And last of all, I don't think anyone who can handle basic grammar and punctuation will be able to take your criticism of any technique or institution of education seriously. Let alone those who are capable of thinking for themselves.

Climate change is not blind faith.

Blind faith is not taking any action, despite the evidence of climate change. Next thing your going to tell me is that the earth is flat.

I'm going to ignore you now since I don't really enjoy seeing a schizophrenic conspiracy theorist showing up in every thread.

[rizzlarolla]

Yep.

Blind faith is not taking any action, despite the evidence of climate change. Next thing your going to tell me is that the earth is flat.
I'm going to ignore you now since I don't really enjoy seeing a schizophrenic conspiracy theorist showing up in every thread.

Only if Core tell him the earth is flat.

[Carlton Banks]

Lol zero evidence and zero capacity to provide rational arguments, much less scientific arguments (and that's what the debate's supposed to even be about, remember? lol)

And let's not forget your repetition of your dangerous claim that I have a psychiatric condition; is this how you always deal with people you lose arguments with, attempt to get them arrested? You're a disgrace of a human being, and a poor ambassador for your non-scientific opinions on climate science.

Foolish blind followers like you have rendered representative democracy null and void, because when 50.1% of people can back moronic top-down totalitarian ideas like anthropomorphic climate change, the corporate-fascist EU superstate, or electing Donald Trump, the "aggregated wisdom of the masses" is clearly a bad joke to be inflicted on the minority that can see it all for what it is: sophisticated lies, told by the same old liars.

[Kprawn]

You really think other financial institutions use less electricity than Bitcoin on a daily basis? If you take fiat currencies for instance... The resources to manufacture and to get the raw material to print and

mint coins are already a concern, add to that the servers running to keep the private ledgers going on bank data centers and also every computer and printer being used within the banks.. the lights and

the security equipment etc.. etc.. Bitcoin use far less electricity than any other fiat currency out there. 

[Yakamoto]

Bitcoin is a far better form a money when it comes to the environment than any other form of currency. If you measure the actual energy (in joules, in a physics sense), Bitcoin uses less overall due to the transactions and generation being combined together in one action, mining (and supplementary nodes).

There isn't any gas or coal or oil burned aside from that which generates electricity (which could be further mitigated through fusion energy), as opposed to the machines required to physically mine or print money.

[pinkpanther03]

Yeah bitcoin is taking the world energy and make the environment worse because of mass electricity are used for bitcoin transaction and mining. But all the banks also use more electricity to be able to do all the transactions. And then money paper needs many papers and they're from our forest . I think everything in this world needs energy, but we can find a way to reduce the energy consumption with solar power plant that the others said about.

Agreed, true that it affects our nature by using or taking bitcoins.

[serjent05]

You really think other financial institutions use less electricity than Bitcoin on a daily basis? If you take fiat currencies for instance... The resources to manufacture and to get the raw material to print and

mint coins are already a concern, add to that the servers running to keep the private ledgers going on bank data centers and also every computer and printer being used within the banks.. the lights and

the security equipment etc.. etc.. Bitcoin use far less electricity than any other fiat currency out there.  

Very well said.  This bitcoin hater (not talking about OP) that were afraid of Bitcoin overthrowing them make different nonsense arguments.  They are pointing their fingers to others when they, themselves are the culprit or more guilty.  Throwing accusation to other is the best means of other people to hide what is really the truth  They can't stop BTC in some area, so they are finding other area where they can pin BTC and now, it's the energy used issue. LOL

[Opquar]

I don't agree with this and I encourage to make every one realize that btcoin is good for environment since it is taking less energy than banks or other factories and it's users send peacefully more time in one place rather than moving here or there and using vehicles and causing pollution thus bitcoin has all plus in it always.

I think the banks will use much more energy than the bitcoin. They have many buildings and computer and employees. These all cost energy.

[GreenBits]

What ever happened to that new bitcoin mining technology in India that was supposed to reduce time and power solving blocks? I don't remember the specifics, it made more educated guesses is what I remember gleaning from the article. Was coindesk or one of those.

[Neptunium]

I agree that Bitcoin mining is a waste of energy. There could be much more efficient systems in place.

However, Bitcoin is already so big and accepted it will be a challenge to implement something better. We can't even increase the block size.

[Woshib]

(I think this should go in mining)

There has been a lot of talk on this.  Quite a few good papers
https://karlodwyer.github.io/publications/pdf/bitcoin_KJOD_2014.pdf
From this paper: "Bitcoin mining is comparable to Ireland’s electricity consumption".



As bitcoin grows the amount of energy on the planet is not increasing. Anyone who understands the article, it seems very legitimate to me, discuss,   Yes, I realize the miner wants to reduce cost & cut waste.  Therefore they may seek alternative forms or desire to do so.  Yes, I read about the Hydrofarmer on this very forum.  It is just not the norm with all the major miners around the planet.  Proof of work is expensive. https://en.bitcoin.it/wiki/Proof_of_work

**Title was sarcastic.  But it is still something to think about?

Bitcoins transactions are impossible without miners, who have computers that consume electricity.
But, I think that solution will be found in renewable energy, or something like this.

[BADecker]

Bitcoin is good for the environment... all those natural resources just waiting for someone to buy them in the form of electricity. Also, it helps the economy to keep moving. I mean, there is way more energy around than anyone could think of using. Energy shortage propaganda is simply a demand for higher prices by the suppliers.

[khalid usman]

no absolutly wrong. it is not so i think,

[Barbut]

I searched in google how much electricity btc mining use in the world, and all I found is bunch of unproven theories and calculations.
Can we even calculate how much electricity is made everyday in the world, and how many percents goes on btc mining?  I couldn't find some precise information about that.

[pandalion98]

I searched in google how much electricity btc mining use in the world, and all I found is bunch of unproven theories and calculations.
Can we even calculate how much electricity is made everyday in the world, and how many percents goes on btc mining?  I couldn't find some precise information about that.

I don't think so since anyone can use any kind* of hardware to mine bitcoins. Some may be using a prototype 8nm chip while others may be using a computer being run from a diesel generator.

We can't really estimate it unless we get some numbers from all major manufacturers of mining hardware including graphics card manufacturers.

Then, we have to sort it out to see which ones are actually mining especially for graphics card statistics.