sick of the bullcrap articles like this one
at least here people know they are scaremongering and their "arguments" can be ostracized and laughed at
but to many people if they read that bitcoin mining is responsible for global warming, it sounds true
I'm far from thinking that bitcoin mining operators are eco friendly and Greenpeace members in their entirety,but
many are using solar , wind and hydro for the sole reason - it is cheaper
Topic: [2018-10-29] Bitcoin trading uses so much power that it could push global temper - page 2. (Read 417 times)
November 02, 2018, 04:51:01 PM
November 01, 2018, 03:29:07 PM
A new study from the University of Hawaii finds that if bitcoin becomes more widely adopted, the huge amounts of electricity used to trade the cryptocurrency could push global temperatures above 2 degrees Celsius by 2033.
The greatest scientist in the whole world, Professor Trump, said there is no climate change. Case closed 
I believe i answered this question last year. It is very hard for journalists to find new topics to talk about these days
October 30, 2018, 10:07:23 PM
Another crappy journalism again. 
What do you expect from Businessinsider? Haven't they read this?
(https://phys.org/news/2018-08-energy-bitcoin.html)
Quote
Power sources
Bitcoin is certainly consuming an increasing amount of power worldwide, but is it increasing the world's carbon consumption? Bitcoin miners have traditionally set up shop in China, where coal supplies 60 percent of the nation's electricity.
Bitcoin is certainly consuming an increasing amount of power worldwide, but is it increasing the world's carbon consumption? Bitcoin miners have traditionally set up shop in China, where coal supplies 60 percent of the nation's electricity.
So Carlton Banks, is right. And people are learning as well: (https://bitcoinist.com/iceland-solution-cryptocurrency-mining/)
Quote
Farmers have a lot of storage space, so it’s easier for us to move our equipment to their location. You can also heat up the storage space, which is quite clean. So generally speaking, it’s reducing rent, and reducing energy cost.
So the argument is flawed at the beginning. I'm thinking that WWF argument would be next, crypto should preserved those "Whales" as well. LOL.
October 30, 2018, 05:52:53 PM
It's worth pointing out that climate scientists don't even agree that CO2 emissions are a problem.
October 30, 2018, 05:07:34 PM
Another crappy journalism again.
They should target out those current energy management rather than focusing to target out bitcoin energy consumption.They are just literally aiming
on it alone without recognizing the global problems that had been existing for longer years as of now.
Oh god, again with this sh*t.
I consider myself to be very environmentally conscious man, Bitcoin is not the problem, our current energy management is much more of a problem then Bitocin energy consumption.
Bitcoin has 0 impact to environment if the energy to power miners comes from alternative resources, as it is starting to happen since otherwise it just does not make financial sense.
I consider myself to be very environmentally conscious man, Bitcoin is not the problem, our current energy management is much more of a problem then Bitocin energy consumption.
Bitcoin has 0 impact to environment if the energy to power miners comes from alternative resources, as it is starting to happen since otherwise it just does not make financial sense.
They should target out those current energy management rather than focusing to target out bitcoin energy consumption.They are just literally aiming
on it alone without recognizing the global problems that had been existing for longer years as of now.
October 30, 2018, 03:42:20 PM
Oh god, again with this sh*t.
I consider myself to be very environmentally conscious man, Bitcoin is not the problem, our current energy management is much more of a problem then Bitocin energy consumption.
Bitcoin has 0 impact to environment if the energy to power miners comes from alternative resources, as it is starting to happen since otherwise it just does not make financial sense.
I consider myself to be very environmentally conscious man, Bitcoin is not the problem, our current energy management is much more of a problem then Bitocin energy consumption.
Bitcoin has 0 impact to environment if the energy to power miners comes from alternative resources, as it is starting to happen since otherwise it just does not make financial sense.
October 30, 2018, 03:10:22 PM
Quote
While bitcoin isn't responsible for as many emissions as pollution-heavy industries in the US, such as agriculture and transportation, the industry is releasing carbon dioxide at an alarming rate.
Not true.
Bitcoin uses renewables, because that's where the cheapest energy prices are. China used to be the problem with that (most Chinsese power plants are coal), but the Chinese government is stopping everything Bitcoin related these days (you'd think businessinsider.com would know that)
October 30, 2018, 02:57:37 PM
bullshitinsider 
Lol Quote
But the currency also has a dark side
Come on, it's not a dark side when crypto is providing a ready market for the energy sector, the academicians from the university should know this or rather do more research on how well to make use of the heat from the mining rigs/farms.Quote
A new study from the University of Hawaii finds that if bitcoin becomes more widely adopted, the huge amounts of electricity used to trade the cryptocurrency could push global temperatures above 2 degrees Celsius by 2033. According to the Intergovernmental Panel on Climate Change (IPCC), a 2-degree rise in global temperatures could reduce water availability in some areas by up to 30%.make arctic species like the polar bear and caribou vulnerable to extinction, and subject another 10 million people to coastal flooding.
This is the scary part about bitcoin mining as the wasted energy in the form of heat is affecting it's surrounding environments and we have seen floods destroy people's homes year in year out and if something can be done then by all means be the problem solver, but I know for a fact that pulling the plug with no alternative solutions for people to stop crypto mining will not stop this activity. 
October 30, 2018, 12:28:33 PM
bullshitinsider
October 30, 2018, 05:26:30 AM
The cryptocurrency bitcoin has been touted by its proponents as a way to help solve our most pressing problems, from homelessness and human trafficking to cancer and the global financial crisis. Bitcoin's ability to reduce fraud and security risk has made it one of the most transparent digital currencies on the market. Many see this as a critical next step to holding governments accountable for carbon emissions, and even developing a market for reducing the world's carbon footprint.
But the currency also has a dark side. A new study from the University of Hawaii finds that if bitcoin becomes more widely adopted, the huge amounts of electricity used to trade the cryptocurrency could push global temperatures above 2 degrees Celsius by 2033. According to the Intergovernmental Panel on Climate Change (IPCC), a 2-degree rise in global temperatures could reduce water availability in some areas by up to 30%, make arctic species like the polar bear and caribou vulnerable to extinction, and subject another 10 million people to coastal flooding. While bitcoin isn't responsible for as many emissions as pollution-heavy industries in the US, such as agriculture and transportation, the industry is releasing carbon dioxide at an alarming rate.
Full article : https://www.businessinsider.de/bitcoin-climate-carbon-emissions-rising-2018-10?r=US&IR=T
But the currency also has a dark side. A new study from the University of Hawaii finds that if bitcoin becomes more widely adopted, the huge amounts of electricity used to trade the cryptocurrency could push global temperatures above 2 degrees Celsius by 2033. According to the Intergovernmental Panel on Climate Change (IPCC), a 2-degree rise in global temperatures could reduce water availability in some areas by up to 30%, make arctic species like the polar bear and caribou vulnerable to extinction, and subject another 10 million people to coastal flooding. While bitcoin isn't responsible for as many emissions as pollution-heavy industries in the US, such as agriculture and transportation, the industry is releasing carbon dioxide at an alarming rate.
Full article : https://www.businessinsider.de/bitcoin-climate-carbon-emissions-rising-2018-10?r=US&IR=T
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