Topic: Bitcoin is environmental menace! BTC miners are carbon terrorists! - page 2. (Read 1321 times)

there's no point in you screaming about this FUD because those who are already in love with bitcoin will find it hard to hate it.  based on the weather forecast agency report in my country, my country has a fairly high level of pollution and none of it is caused by Bitcoin ^{(though there are many bitcoin miners here)}

I often hear the massive Fuds like the expression, even Haters will continue to look for reasons to say that Bitcoin is not worthy of appreciated, but a strong community makes things more creative, carbon pollution of the world is certainly from the industry I'm sure if all world pollution in data then bicoin Mining is no more than 0.00000001%.

BTC continues to be more secure than any other PoW coin.  For that reason, it will outlast the multitude of cheap imitations out there.

Bitcoin should be stopped

Environmantal impact of BTC is growing in geometric progression

Wake up! Blind fools!

Why Is Bitcoin Bad For the Environment? It Spends A Lot of Energy (and Elon Musk Knows It)

BTC has no future with that agressive mining

Bitcoin should be stopped

BSV is cheap

"of inferior quality or worth"

Funny to read from a fan of pedobitcoin about the harms of the original bitcoin! For some reason globalists, when talking about carbon dioxide emissions, forget to mention erupting volcanoes, which emit more CO2 than all of humanity. So it seems to me that this topic is best not brought up at all. I take this opportunity to say hello to the real Satoshi through the author of this thread.

Bitcoin is a pollution-creating mess. Despite efforts to make the energy-intensive mining process friendlier to the environment, it has grown significantly more reliant on fossil fuels over the past year.
China's cryptocurrency mining ban in the spring of 2021 significantly worsened Bitcoin's environmental impact, according to a new research on mining published in Joule. It is because Bitcoin miners were tapping into a significant amount of Chinese hydropower which suddenly evaporated when China made mining illegal, said Alex de Vries, one of the study's authors and a researcher at the School of Business and Economics at the Vrije Universiteit Amsterdam.
So miners took their business elsewhere, including countries using significantly dirtier energy than China. Electricity sources powering the Bitcoin network were just 25.1% renewable in August 2021, nearly 17 percentage points lower than the 2020 average.

Mining Bitcoin each year produces as much pollution as Greece created in 2019, the study found. A single Bitcoin transaction results in the same carbon footprint as a traveler flying from New York to Amsterdam.

"After China banned Bitcoin mining, everyone was expecting it to become more green, but we are somewhat surprisingly seeing the opposite happening." said de Vries. "A lot of the hydropower these miners got previously in China has now been replaced with natural gas from the US."
Bitcoin mining is still booming in the United States. According to the study, many of the American Bitcoin mines are powered by natural gas and coal. Kentucky now offers subsidies to crypto miners, looking to attract business for the state's coal industry.
Kazakhstan has also become a destination for Bitcoin miners. According to the study, the country's electricity grid is reliant on hard coal, which is even more polluting than the coal used in China.
The hydropower behind China's Bitcoin mines was often held up by cryptocurrency advocates to rebut criticism about the technology's environmental impact.

In May, Coinbase — one of the largest cryptocurrency marketplaces — published a "fact check" citing China's hydroelectric plants in trying to undermine the idea Bitcoin contributed to climate change.
Coinbase did not respond to CNN's questions on whether it stood by its fact check in light of China's cryptocurrency crackdown, but said in a statement it believes "the industry is innovating at an encouraging pace to solve these challenges... Community-led change is possible and crypto can be part of the fight against climate change if we come together to solve these challenges."

On March 9, President Biden will sign a long-awaited executive order instructing federal agencies to study various impacts of cryptocurrency use. The order will task regulators with reviewing risks to consumers, investors, and the economy at large. Following the study period, which will be ongoing for several months, federal agencies will prepare reports based on their findings. The White House will then use those findings in any new regulatory actions in the future.

The cryptocurrency market has grown to about $1.75 trillion in value in the span of just over a decade. Roughly 40 million adult Americans have participated in the digital currency market in some way, making this no longer a space for niche investors.

• President Biden's March 9 executive order will task federal agencies with considering the impact of cryptocurrencies on U.S. sanctions, the environment, and other areas of concern.
• Federal agencies will report findings to the White House in the coming months, with additional regulatory measures potentially to follow.
• The order aims to support innovation while stemming risks to the individual investor, to businesses, and to the broader economy.
• The order will also formally launch an investigation into the possible launch of a Federal Reserve-backed U.S. digital currency.

Concerns About Sanctions, Environmental Impact
In a Treasury Department statement issued ahead of the executive order, Treasury Secretary Janet Yellen said that the order will facilitate responsible innovation in the cryptocurrency space and will also address risks. President Biden's administration is expected to study how digital currencies may negatively affect U.S. sanctions and anti-money laundering efforts. These issues have become especially prominent in recent weeks as the U.S. has imposed sanctions on Russia following the latter's invasion of Ukraine.

The order will also launch a study of the environmental and climate impacts of cryptocurrency mining. The mining process is notoriously energy-intensive in many cases.

European Union is on Track to Ban Bitcoin

That ridiculous. Hashrate of BTC is growing. BTC is not green. Greedy BTC miners are carbon terrorists! BTC is environmental menace.

Bitcoin SV is greener only because it is a dead coin.

That ridiculous. Hashrate of BTC is growing. BTC is not green. Greedy BTC miners are carbon terrorists!
BTC is environmental menace.

European Union is on Track to Ban Bitcoin

Bitcoin mining is turning green.