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❕NEWS Bitcoin is very bad for our environment

CrazySher

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According to a report bitcoin continuously affecting our environment as it consumes a huge amount power. According to that source only a bitcoin transaction consumes as much as power an American household uses in a whole month. So, it is pretty destructive I think, I want to know what you all are thinking about it.
 
According to a report bitcoin continuously affecting our environment as it consumes a huge amount power. According to that source only a bitcoin transaction consumes as much as power an American household uses in a whole month. So, it is pretty destructive I think, I want to know what you all are thinking about it.
On this issue, similar reports were announced before regarding excess electricity consumption. The odds are really high. However, recently some Miners have turned to renewable energy sources.
 
No wonder btc price is high. It took a lot of power to mined it and also transaction with it. Some very friendly power source need as soon as possible and that is what tesla been doing now....
 
According to a report bitcoin continuously affecting our environment as it consumes a huge amount power. According to that source only a bitcoin transaction consumes as much as power an American household uses in a whole month. So, it is pretty destructive I think, I want to know what you all are thinking about it.

Another red flag on why to stop investing in bitcoins and instead shift the investment to other things. I doubt if it is only bitcoin. This applies to all other crypto currencies.
 
Yes, but basically big and old cryptos like bitcoin and ethereum, other few and new cryptos doesn't consume much power like doge as it's mining is simple and easier than bitcoin.
Another red flag on why to stop investing in bitcoins and instead shift the investment to other things. I doubt if it is only bitcoin. This applies to all other crypto currencies.
 
Renewable sources of energy is the the best approach to mining Bitcoin In the next three years when halving will takes place the mining will become more difficult.
 
According to a report bitcoin continuously affecting our environment as it consumes a huge amount power. According to that source only a bitcoin transaction consumes as much as power an American household uses in a whole month. So, it is pretty destructive I think, I want to know what you all are thinking about it.
I think it is only people that do not understand the way Bitcoin works that sees it as a threar to the economy. With regulations things will surely work well
 
I think some people fear that regulation will turn Bitcoin into something not that different from fiat currencies.
The fear is that , regulations may make their government to impose tax on their cryptocurrency investment thus reducing their profit.
 
This should be bitcoin mining and not bitcoin itself ,because i don't see bitcoin as been destructive, the problem is mining also contributes you air pollution and many others
 
According to a report bitcoin continuously affecting our environment as it consumes a huge amount power. According to that source only a bitcoin transaction consumes as much as power an American household uses in a whole month. So, it is pretty destructive I think, I want to know what you all are thinking about it.
Anyway that all will stop very soon because the Bitcoin now is nearly fully minded and as for the other crypto they aren't the same situation , they don't take the same power as Bitcoin i think .
 
Anyway that all will stop very soon because the Bitcoin now is nearly fully minded and as for the other crypto they aren't the same situation , they don't take the same power as Bitcoin i think .
It might actually not be able to stop ,because a lot of people knows how much they benefit from mining crypto currency on a daily
 
It might actually not be able to stop ,because a lot of people knows how much they benefit from mining crypto currency on a daily
Yes , but now the cost of electricity is higher than the benefit of mining Bitcoin , so i think only the countries with less electricity bells and they are few countries .
 
I fo not know what informed your choice of making this comment.We are supposed to be optimistic and not the opposite.However I along with a vast majority of peoople do not share your opinion
According to a report bitcoin continuously affecting our environment as it consumes a huge amount power. According to that source only a bitcoin transaction consumes as much as power an American household uses in a whole month. So, it is pretty destructive I think, I want to know what you all are thinking about it.
 
Really good news for tesla company cause tesla develope green energy.
This will make tesla stock price touch the sky. Crypto world will continue run like snow ball and its getting bigger every day.
 
Really good news for tesla company cause tesla develope green energy.
This will make tesla stock price touch the sky. Crypto world will continue run like snow ball and its getting bigger every day.
Yea , you have right and this is a good point from you , i think we are in a new world generation and its converting very fast , for the next years , its a digital time .
 
There are alot more worst things that are killing our environment. Its better if we focus on the things that are directly damaging our environment rather then fighting about something that has an indirect impact on it.
 
I think in this issue miners already know most of these especially the heat that miners produced and the amount of electricity it consumes and from what I've heard some manufacturers are already try to make a more environmental-friendly miner as global climate has been a serious issue too lately
 
There are alot more worst things that are killing our environment. Its better if we focus on the things that are directly damaging our environment rather then fighting about something that has an indirect impact on it.
You have right , we have real issue thing and dangerous about our environment like the global warming and the amount of evaluation from the industry and that things is more serious issue than the Bitcoin issue .
 

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