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[oHnK]

I want to say that I really enjoy reading threads like yours, especially with the hot issues being discussed right now. I remember very well how I was waiting very attentively at every BTC price movement before hitting 60K USD, but my anticipation changed after the provocative tweets started by whales like EM. He is the one who initiated the issue of not being environmentally friendly on BTC but this is just a manipulative tweet. He issued the tweet after selling BTC for several stages and after issuing such a statement. I just saw clearly that EMs just wanted to buy more BTC at a lower price and started raising the price after getting it. Like his recent meeting with Jack Dorsey, there were no negative statements, only implied support statements for BTC. Isn't his manipulative very obvious? I've seen a lot of support for BTC on this forum, as in the thread made by Fillippone at the following link;

https://bitcointalk.org/index.php?topic=5325350.msg57460578#msg57460578

There are many interesting facts in this thread that can support BTC, and as BTC owners we should be wise in dealing with cheap issues like this. There are so many other assets that are more destructive to the earth than BTC.

[PrivacyG]

Let's face the truth, the real problem they have is with Bitcoin's existence and not with how much mining affects the environment.  If mining was an issue, this subject would have been debated long time ago.  Some members will say this is not a good comparison but Bitcoin brings a real utility to the world and it consumes so much less than other things do.  Although they are entirely different things, Bitcoin truly does help the world while gaming for instance does not.  Now imagine how much gaming affects the environment.

This is only an issue due to Bitcoin's nature.  They ran out of ideas to try dragging citizens away from cryptocurrencies so they have to convince them one way or another to stay back.

Bitcoin is free.  What they do not get yet is that most of us do not care about or stay away from their plans.  Do they want to control us more?  I will find even more ways to stay away from their databases and plans.

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Regards,
PrivacyG

[jrrsparkles]

Ohh no, suddenly governments started to realize that bitcoin is consuming more electric energy but they have been printing paper as money for centuries which also need huge amount of electricity and modern banking system requires lot of human power which need space to accomodate so they need air conditioned offices which leads to CFC so it endangers the environment and increases global warming!

[NeuroticFish]

The main part of the claims is greatly exaggerated and is clearly presented in such a way as to provoke some actions in the cryptocurrency arena.

This is well pointed out. Nowadays one may not declare the truth/reality, he will declare what suits him best.
While bitcoin miners may indeed use big quantities of dirty energy, all industries actually do that, from vital ones to completely useless ones. So picking bitcoin is 100% unfair.

But we can use this for our own good: the miners that manage to build their own renewable energy sources will have profit for longer term and bitcoiners have a good chance to see them around even at the point the block rewards will fall to 0. So getting the miners do "the right thing" may be in our advantage too. Just saying...

[alpamar99]

did we notice anything? Bitcoin mining has been going on for several years and until now the bitcoins that have been in circulation have reached more than 18000 bitcoins, but why is this kind of problem only crowded after bitcoin has experienced a significant increase? is there a game in it?
other than that, if the issue of environmental friendliness that has been debated until now seems to refer to electricity only, we know that basically bitcoin mining needs to use a lot of electricity.
but there is something more interesting here because basically if we look at Tesla, which is currently pioneering electric cars which are predicted to be environmentally friendly, why are they only now concerned about things like this that consider bitcoin not environmentally friendly. even if for example tesla wanted to think like that they should have rejected bitcoin permanently but, what happened? Tesla instead adopted bitcoin as its asset and even used bitcoin as legal tender for its cars. this is so unreasonable

[johnyj]

Essentially, mining is similar to lottery, a way to distribute coins and the right to write blocks, the purpose is to award honest users and prevent bad users from cheating.

Before the existence of blockchain, there is just no other way to prove that you have input certain amount of valuable resource, so you do that by calculating difficult equations. However, once blockchain exists and coins have value, you could prove that you have input certain amount of valuable resource by just sign with a private key, which corresponds to certain amount of locked coins. That is the idea behind the POS

Of course, POW mining gives a feeling of production, while POS gives a feeling of holding shares and get dividend, the latter is much more difficult to understand for average Joe, but they serve the same purpose, and the latter consumes almost zero energy

[johnyj]

did we notice anything? Bitcoin mining has been going on for several years and until now the bitcoins that have been in circulation have reached more than 18000 bitcoins, but why is this kind of problem only crowded after bitcoin has experienced a significant increase? is there a game in it?
other than that, if the issue of environmental friendliness that has been debated until now seems to refer to electricity only, we know that basically bitcoin mining needs to use a lot of electricity.
but there is something more interesting here because basically if we look at Tesla, which is currently pioneering electric cars which are predicted to be environmentally friendly, why are they only now concerned about things like this that consider bitcoin not environmentally friendly. even if for example tesla wanted to think like that they should have rejected bitcoin permanently but, what happened? Tesla instead adopted bitcoin as its asset and even used bitcoin as legal tender for its cars. this is so unreasonable

The problem with POW mining is very obvious: Soon it will take whole planet's energy to mine bitcoin if its price to gain another 100 times, that will put a limit on how high the value of bitcoin can become and how fast it can rise

[Welsh]

Yeah its exaggerated, but that's not the issue here. The issue is what the public perceive to be true. Although, I do think we should probably be focusing on becoming eco friendly somewhat, although I don't think its as big of an issue as its perceived to be. Climate change can be debated from multiple different view points, including natural variation, and while we do know that humans are contributing to the atmosphere by what we are pumping out into the atmosphere, I also believe that's greatly exaggerated on the impact. For example, before humans or at least before the industrial era Bitcoin had a much higher mean temperature.

Anyway, we are going down a rabbit hole there that I would rather avoid, but getting back to the issue that Bitcoin has; what we need to do is change the public perception, as that will help adoption, and more companies like Tesla will be more willing to change their mind. Remember that Tesla will be on the extreme side, since they are a company that is promoting greener cars, and therefore having a technology such as Bitcoin being associated with pollution, isn't a great look on them, and I think it was likely pressure from the stakeholders that they reverted their decision on accepting Bitcoin.

The problem with POW mining is very obvious: Soon it will take whole planet's energy to mine bitcoin if its price to gain another 100 times, that will put a limit on how high the value of bitcoin can become and how fast it can rise

Its currently the best solution we have, despite it being rather resource heavy. Although, I don't necessarily agree with your conclusion. The difficulty of Bitcoin won't always be increasing, and as block rewards are reduced, and eventually removed albeit a very long time, its likely that the amount of users contributing towards the hash rate will significantly drop.

[philipma1957]

It is all bullshit.  It is the perfect way to incentivize solar over coal and oil.

Here is a map of West Virginia and Kentucky look at the lighter spots in the box I drew.  They are all strip mine scars.

Miles and miles and miles and miles of crushed out hills.

If the USA simply require solar to replace the stripped mountain and the coal companies simply used solar to mine btc problem solved.

Same with China.  you can see the bare spots all over their country too. So coal was allowed to strip mountains bare.  Well now the government could simply tell them build solar mine coins and we will defray the install cost.

Everyone in the world using coal power in any way is wrong.  So along comes an industry that allow for the problem to be fixed. And a fucking moron criminal like musk refuses to acknowledge the solution for the problem exists.  Worse he make solar barrettes and does not illustrate the opportunity btc allows the usa to exist coal mining cleanly.  It is a fucking joke.

[tygeade]

Okay this is a really long article and I couldn’t finish it, I only read more than half of it but I believe I have gotten what you’re trying to say and I do have a question on why nobody talks about the banking sectors and gold that both consumes double of Bitcoin’s energy consumption rate? If the effect that Bitcoin can have is this much, then that means that whatever effect the banking sectors and gold are having is double of what Bitcoin is having.

It is really high time that they looked for a way to fix all these things once and for all and not just put all the blames on Bitcoin while they allow the rest to kill us silently, everything should be tackled at once.

[davis196]

I'm a big fan of thorium nuclear reactors.100% clean energy at affordable price and increased safety+less nuclear waste,compared to the uranium nuclear reactors.
Solar and wind energy are great(still expensive though),but the weather is the big problem.We can't 365 days in the year with sunny and windy weather.
We already know that the FUD about BTC mining is exaggerated,so there's no need to prove that.
Usually all the FUD about Bitcoin is exaggerated,but the newbies pay attention to this BS,so the FUD news keep influencing the Bitcoin price.

[Rainbow-queen]

Your article data is very detailed, expounded from many aspects, it is a good article.
Combining the global Bitcoin mining locations and the renewable energy penetration rate in the corresponding regions, it is estimated that the current penetration rate of renewable energy in the Bitcoin mining energy portfolio accounts for 74%, which is more than four times the global average.

All in all, Bitcoin miners are a new force in the purchase of renewable energy power around the world, and they usually gather around relatively underutilized renewable energy infrastructure. So, if you want to promote the development of renewable energy to protect the earth's environment, shouldn't you get to know Bitcoin miners again?

It is rumored that the Bitcoin "giant whale" can control the market, so who is at the helm of the "giant whale"?

[Obito]

Ohh no, suddenly governments started to realize that bitcoin is consuming more electric energy but they have been printing paper as money for centuries which also need huge amount of electricity and modern banking system requires lot of human power which need space to accomodate so they need air conditioned offices which leads to CFC so it endangers the environment and increases global warming!

Well, it's not like those are the problem, those that you've mentioned are all just consumers of electricity so they aren't in the wrong, what needs to change is the source of this energies like coal, fossil fuel and oil. They're the one that contributes to these greenhouse gases.