Could bitcoin mining solve climate change?

[dansus021]

its always been to side of coin the other said can solve climate change the other it can't, in my opinion bitcoin it still major breakthrough and I do belive it can solve many problem with blockchain itself. for now maybe not 100% bitcoin mining using green energy that always been debate but time will tell

[bittraffic]

Tesla wants a regular family who can't even pay thier rent monthly to buy a Tesla car. We are even now confused about whether to put food on the table or buy gas.

Philosopher and environmentalist Troy Cross has arisen as one of the most prominent scholars making the case that bitcoin mining has certain special properties which make it ideally suited to powering the development of renewable energies.

Check out his interview on the Futurati Podcast, where he discusses his radical proposals for new financial instruments that foster the 'greening' of bitcoin mining.

You can't expect everyone will really listen to this whole hour of podcast, maybe the timeline, where to listen to it, will be good to make the discussion easier. I assume you are Trent Fowler based on your username?

Climate change issues somehow are seen by leaders to be cloaked by political motives this is why counterparts on the otherside of the world don't listen. We outsource our productions to China so they can massively produce a lot of things while we can sit waiting for them to do the job and then later we accuse them of destroying the environment.

[Lorence.xD]

One thing is for sure, Bitcoin usage all lead to lesser usage of paper currency and thus lesser tree cutting.and yes corresponding carbon footprint of banking and financial system will also be less.

Trees aren't the biggest contributor in the fight against climate change, that's what they want you to think while they pollute the oceans killing the algae that's making the most work, trees are more on the creation of habitats for insects and animals. And I don't think that bitcoin mining switching to green energy will be a big help too because there's still the coal industry to worry about and they're a juggernaut that's the biggest contributor in climate change. We don't have to worry too much about it though, in bigger picture, the humans will adapt or die and the world won't care because for the Earth, it's just a normal process, we just accelerated it.

[8rch7]

Many certain parties say that bitcoin mining can change the climate and damage the environment, in my personal opinion such accusations are unreasonable I believe all these accusations are just a hoax from those who are not pro against bitcoin, they accuse bitcoin to divert the issue, Bitcoin mining is actually not totally damaging to the environment, in fact bitcoin mining is known to prevent bad climate change, avoiding global warming by 0.15 degrees Celsius.

[Ayers]

Bitcoin mining is using energy and emits carbon dioxide to the air. How could it then solve climate change? On the contrary, just like many human activities, Bitcoin mining is actually contributing to climate change. And even if Bitcoin mining shifts entirely to the use of green energy it doesn't mean that it stops from emitting carbon dioxide. Bitcoin mining will always leave carbon footprint.

I'm afraid there's really no alternative story to this. It is futile to counter it as if Bitcoin solves climate change. That would be ridiculous. Instead of creating another story, let's probably focus in explaining why Bitcoin needs to consume energy.

you are right, the release of carbon into the environment cannot be prevented no matter what kind of energy is used to mine bitcoin

bitcoin has become an industry and bitcoin mining like other industries needs energy and emits emissions, we should accept it,

the topics swirling around bitcoin causing climate change are just bullshit stories from bitcoin haters, why don't they mention other industries

[Flamous]

Methane gas has more impact on global warming than carbon dia-oxide. Climate change issue was back created before bitcoin came into existence. And even now the oil companies are not able burn methane completely before releasing it in the air. This methane can be used for bitcoin mining that could reduce the methane emission by 23%. Many miner have already started using methane for mining,

[fuguebtc]

Many certain parties say that bitcoin mining can change the climate and damage the environment, in my personal opinion such accusations are unreasonable I believe all these accusations are just a hoax from those who are not pro against bitcoin, they accuse bitcoin to divert the issue, Bitcoin mining is actually not totally damaging to the environment, in fact bitcoin mining is known to prevent bad climate change, avoiding global warming by 0.15 degrees Celsius.

All the things they are saying about bitcoin causing serious climate change are accusations because they have no way to stifle bitcoin, they are looking to put all the blame on bitcoin.

But you say bitcoin mining is not harmful to the environment is not entirely true, bitcoin mining requires a lot of energy and emissions are inevitable, that also contribute to environmental pollution. But what bitcoin causes is insignificant compared to other industries, they are exaggerating.

[Liebhaber]

Philosopher and environmentalist Troy Cross has arisen as one of the most prominent scholars making the case that bitcoin mining has certain special properties which make it ideally suited to powering the development of renewable energies.

Check out his interview on the Futurati Podcast, where he discusses his radical proposals for new financial instruments that foster the 'greening' of bitcoin mining.

Bitcoin mining will not solve the climate problem. Not only Bitcoin, but humanity has yet to find a complete solution to the climate. To be sure, mining does have an impact on the climate to some extent, but only with a change rather than a solution.

[yazher]

Philosopher and environmentalist Troy Cross has arisen as one of the most prominent scholars making the case that bitcoin mining has certain special properties which make it ideally suited to powering the development of renewable energies.

Check out his interview on the Futurati Podcast, where he discusses his radical proposals for new financial instruments that foster the 'greening' of bitcoin mining.

Well! If they really meant it, why not? They can counter those malicious allegations of the people that are hostile to bitcoins and the crypto miners. If it really works, then they should consider making it real. After all, we will gonna have lots of miners in the future because we are heading into the new era of the financial system where cryptocurrencies will become known to the world and they will gonna use them as the means of payment for everything. right now, they need to focus to make the crypto mines environmental friendly, so that they won't create problems in the future anymore.

[|MINER|]

~snip~.

I also think that Bitcoin mining doesn't have as big an impact on the environment as mills and cars do. But If someone thinks a little more deeply, then their matter will be different.  For example, the demand for the equipment you need to use for Bitcoin mining is increasing day by day.  And we also know that mining requires a fair amount of electricity.  And electricity is produced by burning fossil fuels.  So indirectly it has an impact according to many.  But it can be easily eliminated by taking solar energy as an alternative.  And the world is now shifting  from fossil fuels to renewable energy.

[Lanatsa]

~snip~.

I also think that Bitcoin mining doesn't have as big an impact on the environment as mills and cars do. But If someone thinks a little more deeply, then their matter will be different.  For example, the demand for the equipment you need to use for Bitcoin mining is increasing day by day.  And we also know that mining requires a fair amount of electricity.  And electricity is produced by burning fossil fuels.  So indirectly it has an impact according to many.  But it can be easily eliminated by taking solar energy as an alternative.  And the world is now shifting  from fossil fuels to renewable energy.

One of the things where government and media do targets out the main issue about bitcoin mining is about environmental concern which we arent that blind that this one had been keeping pushed through to give
some blame and now we are talking about solving climate change? Dont know on where they do get that overall idea but it is really just totally opposing on whats the current trend as of this moment.
I dont see something relevant if we do talk about bitcoin mining and climate change issue but the fact people are targeting through it and throw it as a main issue without even
trying to look back on other  things which do contribute the most.

[BRINIRHA]

I've read about this. even now bitcoin mining with environmentally friendly or renewable energy has been widely applied. so this is nothing new. and it is for this reason that bitcoin mining is in no way detrimental to the climate. But sometimes the news always corners bitcoin. make him a scapegoat.

[Ozero]

Bitcoin mining is using energy and emits carbon dioxide to the air. How could it then solve climate change? On the contrary, just like many human activities, Bitcoin mining is actually contributing to climate change. And even if Bitcoin mining shifts entirely to the use of green energy it doesn't mean that it stops from emitting carbon dioxide. Bitcoin mining will always leave carbon footprint.

I'm afraid there's really no alternative story to this. It is futile to counter it as if Bitcoin solves climate change. That would be ridiculous. Instead of creating another story, let's probably focus in explaining why Bitcoin needs to consume energy.

I fully agree with your opinion. It even sounds silly that bitcoin mining can somehow solve the problem of current climate change. Mining consumes energy. Any. This releases heat and carbon dioxide. These are just the main sources of current climate change as a result of human activity. Another thing is how mining is harmful to the environment. There are different opinions about this, but we do not discuss it here.

[wxa7115]

Philosopher and environmentalist Troy Cross has arisen as one of the most prominent scholars making the case that bitcoin mining has certain special properties which make it ideally suited to powering the development of renewable energies.

Check out his interview on the Futurati Podcast, where he discusses his radical proposals for new financial instruments that foster the 'greening' of bitcoin mining.

Bitcoin is already green enough, bitcoin mining is probably one of the greenest industries all around the world, the only reason many people believe that is not the case is because there has been a campaign against bitcoin in order to create this false image.

And many people believe it simply because they are not aware of the reality and they could not care less about trying to actually investigate on their own a little bit about the topic, also this is a little bit off-topic but at least post a small summary of the ideas and proposals that are in that video, because very few people are going to go through the trouble of actually watching that video just because you posted the link.

[kryptqnick]

I'll admit that the podcast the op linked was way too long for me, though, but I found another video with Troy Cross which is great because it has time stamps, so one can just listen the Environmental impact 2.5 minute part, Bitcoin mining 9 minutes from 26 to 34.
The main argument there is on the 31st minute. He argues that the move to a renewable energy system toward which the world is moving anyway produces excessive energy that gets wasted because your system isn't adjustable (the energy gets produced based on conditions like sun or wind, not based on the needs), and that Bitcoin mining, as a buyer of that energy, could help finance the shift (because then there's the monetization of the energy that otherwise would've been wasted). So if done smart, it could both make mining eco-friendly (and he says Bitcoin mining already is largely based on renewable energy), as well as push the world toward adopting renewable energy more.

[Mr. Magkaisa]

Philosopher and environmentalist Troy Cross has arisen as one of the most prominent scholars making the case that bitcoin mining has certain special properties which make it ideally suited to powering the development of renewable energies.

Check out his interview on the Futurati Podcast, where he discusses his radical proposals for new financial instruments that foster the 'greening' of bitcoin mining.

I didn't seem to see anything new in what he said, after all, it was just a proposal. Apart from my knowledge, his knowledge about bitcoin is not that wide yet. Ever since bitcoin mining started in this industry, most people know that it can't help our environment due to its part of the tehcnology not the nature anyway. Then, as far as I know also that He was included in the crypto community recently only, were one of the social media platforms of Twitter as far as I know?

[AndyGryffindor]

There are a lot ideas out there to make mining more Eco-friendly. Methane capture and then burning it off of land fills, farms, bio-waste and oil wells. Using waste heat to grow crops in a greenhouse, heat up bio-waste material to speed up methane production, heat up skyscrapers, water heaters (coil around the water heaters metal inlet pipe so the water heater doesn't have to work as hard) the list goes on.

There is a new diesel fuel saver that you can build with paper, scissors and tape. https://bitcointalk.org/index.php?topic=5403404.0
I have already tried it. It should offset all of Bitcoins energy usage by quite a lot, if the whole world starts using it? 

[Nhazwrath]

The implication of "climate change" is presented as a fact without any evidence.    Which has never been provided by anyone and all computer models have been 100% incorrect so far.  As well as all predictions. 

Not to mention that the provided culprit doesn't even make the top 3 greenhouse gases.   

So any conversation you have about such a subject is probably going to be rabbit-holes.

[justdimin]

Philosopher and environmentalist Troy Cross has arisen as one of the most prominent scholars making the case that bitcoin mining has certain special properties which make it ideally suited to powering the development of renewable energies.

Check out his interview on the Futurati Podcast, where he discusses his radical proposals for new financial instruments that foster the 'greening' of bitcoin mining.

I didn't seem to see anything new in what he said, after all, it was just a proposal. Apart from my knowledge, his knowledge about bitcoin is not that wide yet. Ever since bitcoin mining started in this industry, most people know that it can't help our environment due to its part of the tehcnology not the nature anyway. Then, as far as I know also that He was included in the crypto community recently only, were one of the social media platforms of Twitter as far as I know?

Unfortunately everyone sees sort of "right" to talk about whatever they want and we are not trying to censor them but when you have some sort of followers, that means whatever you say is important. That is what people are forgetting about, it is not about censorship, it is about responsibility.

Like for example, if Elon went out and said "I am going to sell all of my shares in Tesla tomorrow", the stock price would drop, and he could buy them from low and tweet "lol was kidding, thanks suckers!" and that would be illegal right? Which means "saying" something is illegal in some capacity already, it is not censorship, it is regulation, same should be used for influencers as well.

[Ojima-ojo]

So what's in new here? Everyone know that bitcoin mining is pretty good with the alternative of going green with renewable energy source, what is the important message Troy Cross is trying to pass or is it the usual thing we already know which is the lrice of beans and rice in the market, at least let's try create topics that are insightful with new thought, you may only wanted to attract traffic on your site through this.

Greenhouse energy has proven to have a multi-dimensional advantage as it thrives to solve the problem of environmental impact and energy consumption of Bitcoin mining, converting the heat and other element to grow agricultural crops and flowers, have been one of its many benefit that is already generated from bitcoin green energy.

There have been many discussions on this topic and a lot of development has been made from the bitcoin green energy project, if you look around the forum you will find some threads that have discussions in this regard, and points are already getting established.