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Topic: Can actually Bitcoin be good for the environment? - page 14. (Read 3221 times)

newbie
Activity: 28
Merit: 0
there is only Socratus and nothing except Socratus
full member
Activity: 327
Merit: 100
Open and Transparent Science Powered By Blockchain
We think mining is bad enough for the supply of electricity available on  the earth, we do not really understand about the science. But we think there should be restrictions on mining and electricity usage every day. May be the government can find the best solution about it. Which is the best useful for Environment.  Wink

I think we all must start with ourselves. You can use much less electricity per every day. But if in whole it must be regulated by the government of every country. Using all these steps can be better for the environment.
member
Activity: 322
Merit: 10
The New Pharma-Centric Marketplace
While traditional sources of electricity will be used to extract bitcoin, the discussion will continue. Everyone knows that thermal and nuclear power plants pollute the environment, and hydroelectric power stations change rivers and kill their inhabitants.
member
Activity: 170
Merit: 10
Why not? i love bitcoin and i really like and enjoy the way that it works, it is like a hobby for me and i really appreciate it, i do not understand why it should not be good for the entire community in here, because it is not something evil
member
Activity: 87
Merit: 10
Imagine the factories and mining quarries that would be turned into fertile lands suitable for habitation of wild animals in case bitcoin would thrive.
member
Activity: 116
Merit: 16
A lot has been said about mining and about the electricity consumption of the activities related to bitcoin mining. However, I have thought of the alternatives and how other systems produce not just energy waste, but also plenty of useless work and "human waste".

To have a network that can ensure the completeness of transactions, the global accessibility and all the features that bitcoins, and many alts, have at the moment, would probable produce a huge carbon footprint. Just think of the VISA system or the banking system... the amount of people working on it, the waste of commuting to works, the infrastructure.

Thinking of all that, would you still say Bitcoin is bad for the environment?





For me, bitcoin is good for the environment. It makes the payment system easier and it makes many people rich by investing in it. Many companies accept and support bitcoin so it makes an economy of a certain country better.
jr. member
Activity: 196
Merit: 6
🚀🚀 ATHERO.IO 🚀🚀
yes. for me, i think it is good for the environment. for every city, and country. because it is a cryptocurrency where we just need to post, answer all the question or the threads correctly with no plagiarism. because the manager can track who are the ones plagiarize or not. we need to make a post with our own idea, our own words. it must be unique and better than the other posts. and also it must have a sense. bitcoin helps the people to have an extra income without paying anything. so bitcoin  is good for the environment.
copper member
Activity: 55
Merit: 0
I was suddenly thinking about this, I wonder if BTC will ever develop into a POS model
full member
Activity: 504
Merit: 101
Bitcoin can affect the environment in the sense that it need to use so much energy when you are mining Bitcoin. In my own opinion it can be good also in the future if all people will use digital currency like bitcoin instead of cash. Most cash around the world need materials that came from trees so when everyone are using bitcoin or digital currency so no need to cut trees to make bills. Smiley
copper member
Activity: 55
Merit: 0
BTC can hardly be good for environment, but there are alternatives set up like bitcoingreen
newbie
Activity: 76
Merit: 0
Traditional bitcoin mining does waste a lot of resources, but with the current mining methods of other altcoins changing, the loss of resources is not as exaggerated as bitcoin. Bitcoin will also change with these, and secondly, bitcoin mining resources, miners will pay fees, not waste, this is a transaction.
newbie
Activity: 57
Merit: 0
Yes in a sense bitcoin does help preserve the environment. Imagine the factories and mining quarries that would be turned into fertile lands suitable for habitation of wild animals in case bitcoin would thrive. We may alleviate the damage of our carbon footprints by using the waste energy to something useful like a recycler.
Preserving the environment is not only related to the nature. If we talk about bitcoin, it saves a lot of work and manpower which is used to run the banks and process of transmitting money from one place to another.  This also has an healthy effect on humanity.
newbie
Activity: 62
Merit: 0
A lot has been said about mining and about the electricity consumption of the activities related to bitcoin mining. However, I have thought of the alternatives and how other systems produce not just energy waste, but also plenty of useless work and "human waste".

To have a network that can ensure the completeness of transactions, the global accessibility and all the features that bitcoins, and many alts, have at the moment, would probable produce a huge carbon footprint. Just think of the VISA system or the banking system... the amount of people working on it, the waste of commuting to works, the infrastructure.

Thinking of all that, would you still say Bitcoin is bad for the environment?
Technologies are not good for environment for my own opinion. But as for Bitcoin it can be good in some part. Every country spends money, resources, and peoples for creating cash. Bitcoin doesn't contain this part of that process.
Well if you see closely, bitcoin is the replacement of Paper cash. Meaning we are saving Paper and indirectly this has a positive impact on the environment. Although it may not seems very effective, but if you think of a paperless money world, then it can really have an impact on savings paper.
full member
Activity: 359
Merit: 100
A lot has been said about mining and about the electricity consumption of the activities related to bitcoin mining. However, I have thought of the alternatives and how other systems produce not just energy waste, but also plenty of useless work and "human waste".

To have a network that can ensure the completeness of transactions, the global accessibility and all the features that bitcoins, and many alts, have at the moment, would probable produce a huge carbon footprint. Just think of the VISA system or the banking system... the amount of people working on it, the waste of commuting to works, the infrastructure.

Thinking of all that, would you still say Bitcoin is bad for the environment?
I think that we can manage it by doing some ecological specific places to mine bitcoin there, like some Forest out of the city laboratories in which we would store all of this GPUs and mine it there.
newbie
Activity: 112
Merit: 0
Ya ...
Bitcoin is useful for the environment, Because its safe and healthy process. Its not polluting the air, water and human also.
sr. member
Activity: 672
Merit: 250
I think that the main reason for bitcoin to be less popular in the future than other crypto-currencies is that it requires a significant amount of energy resources to maintain its network.
Well actually bitcoin has a lot to offer for the environment and they are really good. I really think that bitcoin is a big blessing for all of us. Bitcoin is very advantageous and beneficial so I must say that it is good. There's nothing wrong about the effect of bitcoin as of now and I hope it will continue for a long run.

I can see a good point in your statement mate, but you also have to consider those miners who operated at expensive and costly price of electricity during their transaction mining operations. Speaking about good to environment, definitely it do brought bigger advantages if all of the miners will use cleaner power sources instead of ozone depleting power fuels like geothermal plants that contributes to the global warming. However, most of the plans and improvements of bitcoin nowadays were more focused on how to move forward to much efficient, and effective ways of handling bitcoin transactions smoothly particular on its advantages with regards to power generation that runs the entire bitcoin system.
newbie
Activity: 121
Merit: 0
 I think that we already have so many contest tropical things which affect our environment, that way certainly not should concern bitcoin and mining influence.
member
Activity: 406
Merit: 11
Actually there are pros and cons when using bitcoin or crypto currencies. As you explain, there are some factors effect to the environment when consider power consumption. However there are some advantages also. When we use crypto currencies, we can eliminate paper based currencies. Then it will positively create an impact on the environment.
sr. member
Activity: 1036
Merit: 329
I think that the main reason for bitcoin to be less popular in the future than other crypto-currencies is that it requires a significant amount of energy resources to maintain its network.
Well actually bitcoin has a lot to offer for the environment and they are really good. I really think that bitcoin is a big blessing for all of us. Bitcoin is very advantageous and beneficial so I must say that it is good. There's nothing wrong about the effect of bitcoin as of now and I hope it will continue for a long run.
bitcoin gives to us a lot of good things that we may apply for everything as bitcoin to be some of the good example or way to make money on a good way and safe way that you can also have to work it for and this is on what we can also have know and to spread for more people.
full member
Activity: 476
Merit: 100
A lot has been said about mining and about the electricity consumption of the activities related to bitcoin mining. However, I have thought of the alternatives and how other systems produce not just energy waste, but also plenty of useless work and "human waste".

To have a network that can ensure the completeness of transactions, the global accessibility and all the features that bitcoins, and many alts, have at the moment, would probable produce a huge carbon footprint. Just think of the VISA system or the banking system... the amount of people working on it, the waste of commuting to works, the infrastructure.

Thinking of all that, would you still say Bitcoin is bad for the environment?
if you use your bitcoin for green movement or what i mean to say is to help our nature we can say that bitcoin is good for the environment, there are ICO project that focuses on our nature to take care and also plant trees etc. so bitcoin is good for the environment. If you are using solar panel or energy from waste to mine bitcoin it is great for the environment.
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