Bitcoin and global warming

[Amafunkiest]

There are other things causing global warming  even if bitcoin is a cause it will be a minute cause

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[dorofeev]

The whole global economy is based on mining and burning energy resources that have been stored within the earth for millions of years. Bitcoin is based on the one reliable thing in life: greed. It is foolish to expect people not taking the shortest (-sighted) route to monetary wealth. That is why I am suspicious about crypto energy projects.

Still we have to look for a balance. We cannot stop all the economic activities as now we are competing with the rest of the world.

[leostrong.mo]

The carbon dioxide pollution caused by BTC mining is almost negligible compared with the traditional industrial carbon dioxide production!
Compared to the exploitation of oil, gold mining, BTC mining is very environmentally friendly!

[royalfamily1000]

The carbon dioxide pollution caused by BTC mining is almost negligible compared with the traditional industrial carbon dioxide production!
Compared to the exploitation of oil, gold mining, BTC mining is very environmentally friendly!

I think electricity is not really a problem in Bitcoin mining because there are so many invention today that can really help our mother earth and in terms of electricty we can now use solar panels to generate electriciy and you don't need to burned trees or use gasoline that creates smokes.

[bitllionaire]

The carbon dioxide pollution caused by BTC mining is almost negligible compared with the traditional industrial carbon dioxide production!
Compared to the exploitation of oil, gold mining, BTC mining is very environmentally friendly!

Yes i also cannot see any effect of BTC on global warming, there are a lot of other ways which are responsible for global warming and if it will not be control the situation will get more serious, but anyhow bitcoin or any other altcoin is not responsible for global warming, mining tool are contributing negligible amount of global warming.

[toast]

I think our main problem is the huge electricity expense induced by mining and its noxious effect on the climate. This is, to my mind, the only serious argument against Bitcoin.
Alleviating the electricity expense should be one of our priorities. If we do not do it for the sake of the Earth (which we really should) we should at least do it selfishly because governments will not tolerate this forever and they will be right. The more the exchange rate increases, the worse it gets, of course.
Some solutions exist though: first there is proof-of-stake, of course. This technology may be too young to be deemed reliable enough but we should at least start considering it.
If we do not like proof-of-stake I think we could drammatically decrease the electricity expense by stopping monetary creation now. Nowdays Bitcoin is famous enough to remain secure even if miners earned transaction fees only. And if as a whole there are 16.5 M coins instead of 21 M, this does not make much of a difference. That is even good for holders. To make miners agree with that solution, they must be compensated for their lost income.  More precisely, active miners must be compensated because they have already bought ASICs. Futures miners do not need to be compensated. Since mining is a competitive industry, future miners will make no profit on average, whatever the reward scheme. To compensate active miners we could decide that the next 2016 blocks yield, say, 100 new coins and then 0 forever. Everybody would win and the Earth above all!
There are probably many other solutions and I wish the community cared a little more about this fundamental issue.

according to my thinking every technological development and progress of that era always affect global warming of course, I think all can not be avoided from all that

[Che454010]

the impact that bitcoin mining has on the world around us is a droplet in the ocean compared to other industries, don't worry about this

[Lingqingyi]

I don't think the environmental problems associated with bitcoin mining are serious, and people overstate it.
With many more serious industrial pollution causing global warming, don't blame bitcoin too much.

[budi691]

slightly different if I see the discussion between Bitcoin and Global Warming, but it will be compatible if bitcoin is associated with the current financial crisis. however, if we are bitcoin users participate in the global warming crisis, it's a must!

[carlisle1]

If energy isn't used by Bitcoin it will be used by something else. The whole economy is based on infinite growth, so it'd be extremely altruistic to reduce energy consumption for the greater good. What's really needed is clean energy research.

It came to your mouth that if bitcoin mining didnt use the electricity theres another will use it,that means this is created to be used and just happen that miners take it,and besides we pay for every consumption of the energy and i believe its enough that blame put on miners for energy conservation system.

[Kakmakr]

I don't think the environmental problems associated with bitcoin mining are serious, and people overstate it.
With many more serious industrial pollution causing global warming, don't blame bitcoin too much.

They over emphasize it, because it suits their agenda to discredit Bitcoin in the public eye. People with hidden agendas are taking blows at Bitcoin from all sides. Why do they hammer on the electrical cost of mining for instance, but they forget how environment unfriendly the manufacturing of coins and fiat money are.

They have to get the metal ore out of the ground and they have to cut down trees for the paper based fiat money. 

[gabmen]

The carbon dioxide pollution caused by BTC mining is almost negligible compared with the traditional industrial carbon dioxide production!
Compared to the exploitation of oil, gold mining, BTC mining is very environmentally friendly!

Yes i also cannot see any effect of BTC on global warming, there are a lot of other ways which are responsible for global warming and if it will not be control the situation will get more serious, but anyhow bitcoin or any other altcoin is not responsible for global warming, mining tool are contributing negligible amount of global warming.

Lol. Some people just enjoy throwing things in btc's way. I agree that those concerned about global warming have a lot more sources to look at than mining, which as you've said, is negligible at best. No considerable connection between the two.

[daarul50]

The carbon dioxide pollution caused by BTC mining is almost negligible compared with the traditional industrial carbon dioxide production!
Compared to the exploitation of oil, gold mining, BTC mining is very environmentally friendly!

I think electricity is not really a problem in Bitcoin mining because there are so many invention today that can really help our mother earth and in terms of electricty we can now use solar panels to generate electriciy and you don't need to burned trees or use gasoline that creates smokes.

Therefore, a technology that has the nature of interdependence, a technology can not stand alone without the existence of other technologies that can support it, as well as bitcoin mining, if this technology is combined with new technologies, especially in terms of alternative power supplies, the blockchain will become one of the most up-to-date technologies to use as the safest data storage and unmanageable by anyone except by its users.

[ucingucingan]

I think bitcoin production does not contribute much to global warming, gold mining, industrial plants and forest clearance is a big cause of global warming, because now many solar power plants that tend to be environmentally friendly

[jcojci]

I think bitcoin and global warming is not related because bitcoin will stay as independent and not interfere with the others. the mining process is different things than bitcoin and I think if we can use the other energy, we can save electricity for another thing. right now, bitcoin is only available in the internet and bitcoin doesn't have a physical form so it's different than gold mining or something else.

[BigWinner87]

Bitcoin has nothing to do with it.
energy company can produce clean energy but a lot of them continue to produce energy with fossil fuels.
Bitcoin can consume electricity coming from clean energy... it depends by energy producers!
I hate people who see bitcoin is a wasteful of energy, they do not understand absolutely nothing!!!

[buternasek]

Countries which do not find any allegations against bitcoin to ban it may use such complaints as global mining due to bitcoin mining to ban bitcoins.We know very well if we want to avoid global warming,we would have to ban lots of ongoing projects today and it would definitely seem to be illogical to do so.But no one would agree to stop mining reward which is given to miners.

[CHENIEN]

Electricity is not the main reason why there are forms of global warming, mining industry of bitcoin or in cryptocurrency are only a business that naturally used high electricity usage but it doesn't mean that it can cause global warming, the causes of global warming are those big plantation with excessive black smoke that causes high poluted air and destructed the ozone layer of the sun. And the solution is tree planting and stop cutting of trees.

[jcarlo]

Bitcoin mining need huge electricity. But i dont think that will affecting on global warming because the capacity is smaller than manufacture. Beside that, miner can use renewable energy that not affecting on global warming

[mucutkeren]

Bitcoin mining is really contributing in the global warming but as others are saying even banks are doing the same maybe when the time comes that bitcoin replaced the currency fiat system then it will be an acceptable use of energy and contribution to the global warming.