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Author Topic: They say Bitcoin is a waste of electricity  (Read 199 times)
Congyang
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February 06, 2021, 03:10:14 PM
 #21

Stop this nonsense of the Jew media accusing Bitcoin to be polluting, for the electricity it consumes.

Oligarchs and other powerful people run industries 1000x more polluting than Bitcoin.

And they just try to ban Bitcoin with excuses, because they don't like the idea of monetary freedom for the people.

What to say about pesticides (Monsanto), fossil fuel, industrial waste, electrosmog, chemtrails, etc.?
They don't talk about those of course, but try to stop Bitcoin even if it is orders of magnitude less polluting.
in my opinion it's just a cheap, bullshit issue. Bitcoin can also be run only with a smartphone where smartphone batteries are very energy efficient. so it's just an attempt to ban bitcoin from the market and they are using any issues. so don't ignore the issue and stay with bitcoin.
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February 07, 2021, 04:29:50 PM
 #22

It clear that the Jew media and some government that accused Bitcoin mining polluting the environment ignore the fact thadviseat the energy and the carbon dioxide released by cryptocurrency is lower than the carbon monoxide produced by fossil fuel etc but I will advice every crypto currency miners to switch to solar energy so they won't have the chance to make a false excuse about Bitcoin

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February 07, 2021, 05:26:10 PM
 #23

Stop this nonsense of the Jew media accusing Bitcoin to be polluting, for the electricity it consumes.
What do you mean by Jew media, what world you are living in to target a race. I am hearing this argument that bitcoin is wasting energy for a long time and i am not sure i bothered to check anything about the race but i care less about these arguments and if you think you want to raise your voice against them, you can but there needs to be a decorum and good counter arguments rather than targeting race.
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February 08, 2021, 01:48:05 AM
 #24

Those people who are against the bitcoin (digital currencies) are saying that bitcoin mining is a waste of Electricity. Yes is true but business is business if you want to engage in bitcoin mining then you must consume more of electricity to gain it. Some big bitcoin mining company provide their own source, just like solar panels to provide electrical sources.

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February 08, 2021, 04:53:56 AM
 #25

I would argue that for the transaction volume that Bitcoin has, the amount of energy mining consumes is still within the reasonable range. Use of renewable energy is not a redeeming factor for the electrical use; someone could very well be forced to use fossil fuels because the farms are using the energy from renewable source. The argument would be less valid in the context of countries with sufficient and sustained renewable energy. A far greater argument would be the ewaste generated from mining. ASICs cannot be repurposed for anything else, save for some salvageable parts, it is not possible to reuse ASICs. It is a far greater problem than energy usage.

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February 08, 2021, 05:00:39 AM
 #26

Everything is a waste if you don't like it , You wouldn't see it's value and how others are using it to help their life.
There are so many things that other could consider as a waste of money but it would depend on how you look at it and how you use it,
So let them speak about it they are free to say whatever they want as we all are but would their words inflict any threat on Bitcoin?
Exactly, the need to invalidate the effort of things just because you hate them is the only thing that makes this people function not to mention that bitcoin sees bitcoin as a threat on what business they are doing and you know how dogs are angry when you step on their territory. I do agree, let them speak to the void and have it their way, bitcoin will not be stopped and it will only grow so much.
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February 08, 2021, 02:35:02 PM
 #27

for sure it's a total nonsense make a comparison with other technologies, since if you look tourism or just business travel, it's clear the real impact of pollution.
I am not surprised about this argumentations and we have seen these discussions from a while, comparing with a bigger country each time.
this is why proof of stakes concept or other types of "proofs" get more attention nowadays.
we can't know  Roll Eyes one day a new bitcoin update could launch this new method for block validation!


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February 08, 2021, 02:55:54 PM
Last edit: February 08, 2021, 03:35:06 PM by NotFuzzyWarm
 #28

... Bitcoin can also be run only with a smartphone where smartphone batteries are very energy efficient. so it's just an attempt to ban bitcoin from the market and they are using any issues. so don't ignore the issue and stay with bitcoin.
Um Bitcoin mining cannot be 'ran with a smartphone'... Sure you can mine crapcoins like monero but BTC no way, no how. Since 2014 it has been out of reach even for the best GPU rigs much less a phone.

Then again, maybe you think all crypto is Bitcoin? If so you are dead wrong...

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February 08, 2021, 03:11:44 PM
 #29

Likewise with scrolling the whole day in social media websites. Isn't it also a waste of electricity? Some people will say it is not, because they are enjoying their time doing so. And that is already the logic, there is a purpose from everything. This may be a bit far but my point is that, if something is useless in your perspective, it might not be in other's view. The reason why there are still people who looks down in this technology is simply because of lack of knowledge about it. They just know a little about Bitcoin, that's why they are not seeing its benefit as a currency and as an investment at the same time. And we cannot change that unless they will have initiative to do so.

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