n691309
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Activity: 1526
Merit: 1001
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June 24, 2016, 03:56:32 PM |
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Yeah bitcoin is taking lots of power energy of the world, somewhere it is very cheap and somewhere costs a lot, but we can say that because of bitcoin many people have been employed on maintaining those mining rigs in their mining farms. It is not bad for environment as fabrics.
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You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
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katrimans
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June 25, 2016, 10:36:14 AM |
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-snip-
Does that mean as the world's population grows there'll be less energy per each of us? Or just for the Irish?
I think it is just for the Irish, and we can not deny the fact that bitcoin is a big help to the online community who wants to earn and make profit online. But I will stand for my belief that bitcoin is not bad for the environment compared other industry pollution. As the worlds population grows the energy have been less per each of us but there are so many ways to make energy like solar energy and wind farm or wind power just to make energy and save some energy. We must not blame bitcoin that it takes the worlds energy, cause bitcoin is a big help to lot of people. |
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Daneric
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June 25, 2016, 10:55:35 AM |
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Considering the amount of electricity needed in mining, one can say that bitcoin is using a lot of energy. considerations should be made in using renewable energy in bitcoin mining. relying on fossil fuels for electricity generation will not help much. Other forms of energy such as solar wind and even wave energy ( to be generated from sea waves) can be a very good alternative to help in bitcoin mining.
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cluit
Legendary
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Activity: 1176
Merit: 1016
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June 26, 2016, 06:55:14 PM |
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-snip-
Does that mean as the world's population grows there'll be less energy per each of us? Or just for the Irish?
I think it is just for the Irish, and we can not deny the fact that bitcoin is a big help to the online community who wants to earn and make profit online. But I will stand for my belief that bitcoin is not bad for the environment compared other industry pollution. As the worlds population grows the energy have been less per each of us but there are so many ways to make energy like solar energy and wind farm or wind power just to make energy and save some energy. We must not blame bitcoin that it takes the worlds energy, cause bitcoin is a big help to lot of people. Bitcoin can never be bad for the environment. It is not only helping for global financial development but also helping for the development of the society. Yeah can be said gamboling sites are ruining people and indirectly our society. |
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yenxz
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June 26, 2016, 09:26:41 PM |
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Yeah bitcoin is taking lots of power energy of the world, somewhere it is very cheap and somewhere costs a lot, but we can say that because of bitcoin many people have been employed on maintaining those mining rigs in their mining farms. It is not bad for environment as fabrics.
agree with that,we can't mentioned that bitcoin bad for environment, i think paper money more bad for environment by consuming papper that made from wood,and wood has been cuted off illegally for it. |
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irun4fundotca
Member
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Activity: 63
Merit: 10
Mining away one KWh at a time
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June 27, 2016, 12:46:13 AM |
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Yeah bitcoin is taking lots of power energy of the world, somewhere it is very cheap and somewhere costs a lot, but we can say that because of bitcoin many people have been employed on maintaining those mining rigs in their mining farms. It is not bad for environment as fabrics.
agree with that,we can't mentioned that bitcoin bad for environment, i think paper money more bad for environment by consuming papper that made from wood,and wood has been cuted off illegally for it. that was back in the day , now they use cotton and wool, some new stuff use a polymer where its clear |
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2double0
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Activity: 2618
Merit: 1105
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June 27, 2016, 05:45:58 AM |
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It is somewhat true that bitcoin is consuming lots of energy in order to get mined and run its network, but there are alternatives too that are being developed daily to minimize this consumption and give more production in less energy.
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StoreBit
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June 27, 2016, 06:44:16 AM |
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It is somewhat true that bitcoin is consuming lots of energy in order to get mined and run its network, but there are alternatives too that are being developed daily to minimize this consumption and give more production in less energy.
but i dont think so that it will consume such a large amount of energy that will be question mark. i i will consume a negligible amount of energy for mining and even all the website. |
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