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Author Topic: Bitcoin Prevents Global Warming  (Read 1980 times)
bb113
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March 21, 2013, 03:46:53 PM
 #1

Ever since the Gox hack there has been a significant negative correlation (p<0.05) between BTC traded on Gox and temperature anomaly. The temperature data is only available up to January 2013. The outlier on the chart is December 2012.



Temp data: http://data.giss.nasa.gov/gistemp/tabledata_v3/GLB.Ts+dSST.txt

Volume data: http://bitcoincharts.com/charts/mtgoxUSD#igWeeklyzczsg2012-07-01zeg2013-01-26ztgSzm1g10zm2g25zv

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qwk
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March 21, 2013, 04:08:03 PM
 #2

You got it all wrong.

Everybody knows that the lack of pirates causes Global Warming.
With Bitcoin came 40 Pirates or so.
And that reduced Global warming.

Highly scientific references:
http://www.venganza.org/about/open-letter/
https://bitcointalk.org/index.php?action=profile;u=35827

Yeah, well... I'm gonna go build my own blockchain, with blackjack and hookers. In fact, forget the blockchain!
bb113
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March 21, 2013, 04:10:50 PM
 #3

Good point. Bitcoin -> Pirates -> Cooling Earth
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March 21, 2013, 04:20:48 PM
 #4

Competition will drive mining to be run in appliances that emit heat anyway, i.e. in central heaters, hot-water systems etc...

That together with a merge-mined distributed global admin-less key-value store owned by "no one" potentially corruptible and that can be used for a variety of purposes, and no one can say that this mining thing does useless work.  Smiley

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March 21, 2013, 04:25:59 PM
 #5

Positive correlation: Bitcoin mining causes temperatures to rise six months later.
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March 21, 2013, 04:31:53 PM
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When it's cold people stay at home and trade bitcoins to beat the boredom?
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March 21, 2013, 05:39:52 PM
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What are these "pirates" you are talking about?
I have seen that word a couple of times on this forums now and i just don't get what people are talking about  Huh
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March 21, 2013, 07:32:06 PM
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What are these "pirates" you are talking about?

It's a seabound criminal attacking ships for their cargo and ransom.
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March 21, 2013, 08:02:34 PM
 #9

What are these "pirates" you are talking about?

It's a seabound criminal attacking ships for their cargo and ransom.

Pirate, n.
1.someone paying inordinate sums for the privilege of holding other folks' bitcoins for them.
2. see "trustworthy"

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March 21, 2013, 08:06:27 PM
 #10

Pretty soon the E.P.A. will ask US bitcoin miners to have a coal license or be shutdown.
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March 21, 2013, 08:51:27 PM
 #11

Pretty soon the E.P.A. will ask US bitcoin miners to have a coal license or be shutdown.

Well I didn't look directly at mining. If someone has that data itd be interesting if they did. So far it appears that bitcoin is good for the environment.


Positive correlation: Bitcoin mining causes temperatures to rise six months later.

The current correlation is pretty good, I didn't even drop outliers and homogenize the volume data yet.

What are these "pirates" you are talking about?
I have seen that word a couple of times on this forums now and i just don't get what people are talking about  Huh
See posts about this member:
https://bitcointalk.org/index.php?action=profile;u=35827
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March 21, 2013, 08:58:42 PM
 #12

I have been Poe'd
bb113
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March 21, 2013, 09:24:05 PM
 #13

I have been Poe'd

Are you questioning the Toshipogenic Global Cooling consensus? 
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December 03, 2015, 03:49:54 PM
 #14

Lately, NASA has shown us that global cooling has been around for about 6 years now. And the rate of warming has been dropping since back in the '90s. The only thing that might happen is that governments might want nuclear wars so that the bombs increase global warming... to save face.

Smiley
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December 03, 2015, 04:10:11 PM
 #15

http://astronomynow.com/2015/07/17/diminishing-solar-activity-may-bring-new-ice-age-by-2030/

Bitcoin miners will save humans from new ice age

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December 03, 2015, 04:13:13 PM
 #16

lool... I've heard both versions. Some say Bitcoin and digital currency mining in general are very bad for global warming and it is helping to speed up the process, while others say it prevents it??? damn...
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December 03, 2015, 04:18:31 PM
 #17

I guess the title should be: Bitcoin Helps Global warming.

As far as we know, cryptocurrency mining releases a lot of heat. all this heat together will certainly have a negative impact over time... So, logically, mining is an added dose to the whole global warming problem

   
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December 03, 2015, 04:25:09 PM
 #18

Bitcoin is the Jesus that the Jews have been waiting for.

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December 03, 2015, 04:39:32 PM
 #19

I guess the title should be: Bitcoin Helps Global warming.

As far as we know, cryptocurrency mining releases a lot of heat. all this heat together will certainly have a negative impact over time... So, logically, mining is an added dose to the whole global warming problem

no, again: Bitcoin Mining will in the long-term only be worthwhile where the waste-heat can be used. And you will only mine only to use the waste-heat, not 24/7, and not for profit, but only to get some crypto-coins back for your energy bill.

PS: Fiat currencies are backed by proof-of-force through the military-industrial-oil-big-finance-complex which directly and indirectly accounts for probably more than 50% the world's energy consumption.

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December 03, 2015, 04:56:01 PM
 #20

I guess the title should be: Bitcoin Helps Global warming.

As far as we know, cryptocurrency mining releases a lot of heat. all this heat together will certainly have a negative impact over time... So, logically, mining is an added dose to the whole global warming problem

Yes you are quite correct. Miner uses fan to release the temperature off the hardware which will ultimately go to the environment and also what about the broken hardware that go to trash.


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