ㅤ - page 2. | Bitcointalksearch.org

TheBeardedBaby

legendary

Activity: 2240

Merit: 3150

₿uy / $ell ..oeleo ;(

Nothing to worry about, soon when project like ITER TOKAMAK hit the market, the power consumption will no longer be a problem.
We are on a edge of change, on almost every aspect of life, so becoming a Type I civilization (based on Kardashev scale) probably won't take that logs as previously thought.

In 10 years, nuclear fusion reactors will start to be more wide spread and the concurrence between the different companies will bring the price even more down.

So Bitcoin will bloom for sure

All this now it's just a temporary noise

hatshepsut93

legendary

Activity: 3038

Merit: 2162

How can Bitcoin's share of emissions can be higher than its share of energy consumption if energy production is just a part of global emissions?

I wouldn't say that Bitcoin mining is exactly harmless for environment, but there's nothing about it inherently harmful, unlike with agriculture or construction - it's just a problem that electricity is still quite dirty, but this is changing quite fast.

Charles-Tim

legendary

Activity: 1512

Merit: 4795

Leading Crypto Sports Betting & Casino Platform

When I read the CoinShares report like 2 weeks ago, I brought it up on this forum

The bitcoin mining network, energy and carbon impact

All I concluded at the time was that critics and many people are having wrong opinions that Bitcoin is significantly contributing to global warming. Even if there is no Bitcoin, what is happening recently like thawing of permafrost and melting of coastal region will still be happening as a result of human activities that is not Bitcoin related. What should be focused on that scientists are talking about is not focused on which is how greenhouse gasses release to the environment can be reduced to minimal.

I also like the report because it mentions that not all electricity are not clean, some energy are from renewable and clean sources. And yet the electricity used are paid for in a way bitcoin can produce more energy and help economy rather than thinking bitcoin consumes energy. It consumes and pay for more to be generated.

Symmetrick

hero member

Activity: 517

Merit: 11957

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