Can actually Bitcoin be good for the environment?

[xindoa]

the way bitcoin is working now its not good for the environment. maybe in the future that will change but saying as of right now nothing can change fact that bitcoin mining is using a lot of electricity

[babysweetTiger0401]

Of course, bitcoin will be a good help for our environment. So it is best to do the bitcoin mining farms to put its mining palnt in a cool and somewhat clever area surrounded by nature's work, Because its mining rig produces radiation so that if it is located in a mountainous area it will be contrary to such things.

[manyu22]

I don't think bitcoin mining has that major impact to the environment, on the daily basis, electricity wastes are already present even before bitcoin has existed, therefore bitcoin is just an adding factor to problems present upon its usage, and merely not the cause of the problem itself.

most likely very influential because all the electronics used by bitkoin miners use electricity, especially cellphones and computers, even laptops are all dependent on electric power, therefore the impact is very large for the bitcoiner miners if the electricity goes out so electricity goes up so the bitcoin is also go up, I guess that's the reason for a little of my knowledge, maybe from another bro, please add.

[raking]

77 KWH is the minimum power level for a Bitcoin transaction.
Bitcoin exploitation is seriously affecting the environment as Bitcoin price growth has increased the demand for electricity to exploit the world's largest electronic money. In addition to energy consumption, Bitcoin also has a major impact on the environment because of carbon emissions. According to data obtained from a Bitcoin mining facility in Mongolia. By exploiting a BTC, the facility will emit about 8,000 to 13,000 kilograms of carbon dioxide, nearly 24,000 to 40,000 kilograms of CO2 per hour of mining.

[Coroline]

A lot has been said about mining and about the electricity consumption of the activities related to bitcoin mining. However, I have thought of the alternatives and how other systems produce not just energy waste, but also plenty of useless work and "human waste".

To have a network that can ensure the completeness of transactions, the global accessibility and all the features that bitcoins, and many alts, have at the moment, would probable produce a huge carbon footprint. Just think of the VISA system or the banking system... the amount of people working on it, the waste of commuting to works, the infrastructure.

Thinking of all that, would you still say Bitcoin is bad for the environment?

I think it's not an important problem, so take it for granted when people think bad about bitcoin. maybe they don't understand the bitcoin mining system, which can produce more than work

[fianaindriati]

if I think bitcoin is very good for the environment bro. even a lot of people who can change their economic life can be better because they invest in bitcoin bro. instead, bitcoin provides opportunities for the poor to become millionaires

the assumption that we are already familiar with bitcoin is like that but different from everyone who does not know bitcoin. sometimes they think negatively first. so it's different from us, our opinion about bitcoin is definitely good, because we already feel for ourselves how bitcoin travels and how it feels to get results from bitcoin.

[Gary Menezes]

No, Bitcoin can not be good for the environment because of the electricity which consumes to mine Bitcoin. Of course, comparing with banks, the electricity of Bitcoin is not remarkable. However, the electricity of Bitcoin made up about 1% the electricity of the world. We also should find a new solution for this problem.

[ganjasmokingg]

A lot has been said about mining and about the electricity consumption of the activities related to bitcoin mining. However, I have thought of the alternatives and how other systems produce not just energy waste, but also plenty of useless work and "human waste".

To have a network that can ensure the completeness of transactions, the global accessibility and all the features that bitcoins, and many alts, have at the moment, would probable produce a huge carbon footprint. Just think of the VISA system or the banking system... the amount of people working on it, the waste of commuting to works, the infrastructure.

Thinking of all that, would you still say Bitcoin is bad for the environment?

I think bitcoin has an impact on the environment but that's just a small number. It's a lot easier than printing a lot of cash, and bitcoin also makes it easy for people to trade easily without much effort. Considering that, it really is a bitcoin to be considered a coin. future

[hahay]

if I think bitcoin is very good for the environment bro. even a lot of people who can change their economic life can be better because they invest in bitcoin bro. instead, bitcoin provides opportunities for the poor to become millionaires

the assumption that we are already familiar with bitcoin is like that but different from everyone who does not know bitcoin. sometimes they think negatively first. so it's different from us, our opinion about bitcoin is definitely good, because we already feel for ourselves how bitcoin travels and how it feels to get results from bitcoin.

Even though people around us or in our environment are not all interested in bitcoin, but with us doing good things from the income we earn from bitcoin or crypto, they will realize that bitcoin is not a negative thing. That way we have influenced many people positively from bitcoin.

[nealdlover]

A lot has been said about mining and about the electricity consumption of the activities related to bitcoin mining. However, I have thought of the alternatives and how other systems produce not just energy waste, but also plenty of useless work and "human waste".

To have a network that can ensure the completeness of transactions, the global accessibility and all the features that bitcoins, and many alts, have at the moment, would probable produce a huge carbon footprint. Just think of the VISA system or the banking system... the amount of people working on it, the waste of commuting to works, the infrastructure.

Thinking of all that, would you still say Bitcoin is bad for the environment?

  I think the bitcoin mining will cost less than printing cash so much so that bitcoin also makes it possible for people to trade with each other conveniently and quickly. And that is the benefit that the bitcoin can later grow stronger because it is the technology that was born to help people.

[killerfrost]

I think that Bitcoin is not good for the environment. Bitcoin mining has expended a large amount of power of the world. China is the bitcoin mining best.

[Tashi]

Yes,  it's actually is. Since  bitcoin doesn't use paper money unlike the national currency that we have in every country.  It's much more environment friendly since we don't have to cut or use plants or leaves to make banknotes and mine copper and etc to make coins.

[blueteam09]

Mineral extraction by specialized systems will be better than the exploitation of natural resources. Filing in nature will naturally destroy more than digging Altcoin in the pool. Too much electricity used but power plants need a power source, so this is inevitable for balanced trade.

[satria2]

Whether or not Bitcoin is for the environment depends on how someone handles it Bitcoin in the country because everyone has different thoughts than the existence of Bitcoin today.

[haidil]

I think what happens is not like that, bitcoin has nothing to do with the environment and electricity generation. The problem is that it is a matter of earth that is not bitcoin, which is itself destructive. mining bitcoin does not need a large room

[cjinny]

Not at all, depending on the miners managing the resources he has. If the miner uses electricity that is created using wind, water and preserves the surrounding environment, then the environment will remain beautiful and awake.

[rindayle]

Bitcoin is developing and growing, so it can become a full-fledged currency for payment of various processes and projects, in which environmentally friendly energy is not excluded. In addition, renewable energy sources sometimes generate excess electricity. Burning some of the excess electricity for bitcoin mining would offset the cost of using renewable energy sources, making them even more efficient. You can argue a lot, but any currency can serve the environment and bitcoin is no exception.

[dvdrewritable]

If we skip all the illegal uses, than i can probably say that bitcoins are really good for the environment unless and untill they are serving the community with really good and exciting profits. They don't actually have any physical damage so they won't harm the society in any kind of physical mean. Just the uses of bitcoins which takes them to the illegal work should be stopped and then bitcoins will get to moon with all legal benefits.

[Dudeperfect]

To be honest, it is almost impossible for any current innovation to consume energy without harming the environment in some way. We are living in the generation where time and money is more important than the environment for us but I am happy that the steps are being taken to reduce the percentage of damage to the environment. Mark my words, we will start taking care of the environment at the point when it will start damaging us in some way in the form of returns. This issue is not limited just with Bitcoin or crypto industry but it needs the macroscopic approach to deal with it on a bigger level.

I think with the time technology prevails and evolve over the years to till now and i think I can certainly say as of now that bitcoin is a great invention. It paves the way for the digital currency to be known worldwide. Bitcoin has helped a lot of people from the very start and I am one of it. For me bitcoin is a blessing and a very good help to the environment. It creates a lot of opportunities.

When we are mentioning the word environment, it is associated with the concept of the natural environment and not the economic environment in this particular context. As Bitcoin is based on internet and requires mining activity for a continuous supply, no one can deny the requirement of electricity for this purpose. However, I am sure that we will discover and adopt natural environment-friendly options in the coming years.

[fuer44]

the large electricity consumption used by the bitcoin minner is very high and can exceed the company's electricity consumption. if it continues, it's not good for the environment. there should be a regulation regarding the minning, to be reduced.