Can actually Bitcoin be good for the environment? - page 19.

metalglowd

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Quote from: Jet Cash on January 30, 2018, 02:36:30 PM

Put the mining farms into a warehouse surrounded by fertile land. Plant trees and other vegetation to provide a haven for wildlife. There you go - Bitcoin mining is good for the environment.

Even better if they convert the energy stored in all the discarded plastic bottles that are everywhere. They could use this to generate electricity.

very easy to say, but whether until now there is a company or someone who do that? I do not think so.
in fact they prefer to actually consume large amounts of electric power. tool mining and coupled with a cooler. moreover, this is not just done in some places but everyone who has the opportunity to build it would want to like it.

so those who recognize crypto with better energy usage but still do and participate with this, what they do is futile

IndigoRed

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Blockchain technology in particular, can have a positive impact on the environment -it really depends on your perspective. One benefit I see is policy-making. How do we develop sound environmental policies? By electing the right officials. With a blockchain election, people could effortlessly and securely vote, regardless of location.

Jamescur

newbie

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The energy consumed for BTC mining work is small compared to traditional work. But the output value is very high!
And BTC's mines are built outside the city. The main pollution is carbon dioxide pollution!
The pollution caused to the environment is very small!

stimliall

newbie

Activity: 126

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BTC's mining machine generates a lot of heat during mining, causing the ambient air temperature to rise!
BTC also consumes a lot of electricity during the mining process! BTC's scrap mining machine has also polluted the local ecological environment!

queenlaurel

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We have solar energy now, thats concerning the electricity issue. Bitcoin being good for the environment and for you to see it's proof, you have to get everyone involved in it. Other countries that produce electricity 24/7 don't complain of electricity wastage because they use it too, Bitcoin for all is a revenue for the whole country and it's good for the environment.

callmeback

jr. member

Activity: 182

Merit: 2

Bitcoin diggers will be involved in the verification process and add them to Blockchain. This not only increases the demand for electricity but also increases carbon emissions. 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. Other than that I don't think there is any other use of bitcoin miners. Other wise bitcoin is just bad for the environment and uses too much electricity when there are alternatives to mining.

Dexion

full member

Activity: 812

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excessive use of electrical energy for mining is a bad thing and can deplete the country's electrical energy supply. the meaning is that the management of electrical energy for mining should be managed properly.

I think the solution to save electrical energy is to use a hydro miner, or use solar energy, or also with the use of electric energy waste or steam.

In my country, the rubbish is managed to be a power source, and it can be used for mining.

KurtEldon

newbie

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Quote from: Cardan0 on January 30, 2018, 02:27:04 PM

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?

Obviously, Bitcoin is good for the environment. It is working on such a vast canvas that it should not be proclaimed as bad. Yes, there might be additional costs but look at coins like LTC, TAU, which are not only giving good gains, but also are concerned about the locality.

KenyonCarter

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Quote from: Cardan0 on January 30, 2018, 02:27:04 PM

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 Bitcoin is good for environment. Look at the way it is promoting everyone. It is definitely valuable for the locality. For instance, PRG, a cannabis coin, is offering marijuana with which the people’s diseases can be cured. These coins are excellent for investments as they even take care of environmental issues.

JackyLon

newbie

Activity: 98

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Yes, actually today's bitcoin is really good for everyone's life when owning it. Now that bitcoin has made our lives richer and more stable, bitcoin is a long and stable investment. I hope the end of 2018 worth it will reach $ 25000.

susuberuang

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it seems that today bitcoin already has a very good movement, with this excellent bitcoin rush of traders including you should be able to take advantage of moments like this for profit.

rext

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Merit: 100

On January 17, 2018, the energy consumption of this coded currency equaled the energy level of Peru.
Every day, new Bitcoin diggers will be involved in the verification process and add them to Blockchain. This not only increases the demand for electricity but also increases carbon emissions.

darkangel

sr. member

Activity: 714

Merit: 250

Quote from: Cardan0 on January 30, 2018, 02:27:04 PM

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?

In order to earn Bitcoin then convert to real money, users are not afraid to invest in computers with ever-increasing capacity. The continued operation of all computers to solve complex algorithms will result in power consumption in excess of 42 Twh, equivalent to 0.19% of the world's electricity consumption. This is really a worrying figure

Mofazzal840

newbie

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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

troglobait

member

Activity: 154

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honestly speaking I do not really understand how bitcoin can help the environment. Humanity is on the way to destroy the planet, help the environment can only realize that the land is our home and do not need to crap it

vhhjhju

newbie

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Electricity wasted?
Resources have already been generated, and the use of non-use has always existed. What's more, miners are paying for electricity bills and are not obtained free of charg

HelenS

newbie

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Quote from: Eternu on January 30, 2018, 03:38:35 PM

Bitcoin has nothing to do with environment. Power-plants are those who pollute the earth not bitcoin. So if we go to more earth friendly ways of making electric power, we will have problem solved. Bitcoin farms do not need too much space, also that space around it could be used for producing electric power for that mining farm. Place some solar panels or some wind turbines and there you go. Everyone happy. Only people that want to see bitcoin fail will say that bitcoin is bad for power industry...

Yes, there are so many polluters and abusers of energy apart from bitcoin and miners! If only the problem was in it...

angchosenone

newbie

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The budgetary framework was undermined 100 years prior by free clean remote vitality and they pulled all subsidizing from Nikola Tesla and obliterated Wardenclyffe tower and everything related with it. after 100 years the monetary framework is by and by being genuinely debilitated by something different digital money and its utilizing a vitality issue its in charge of as its essential weapon against this risk. On the off chance that bitcoin succeeds and liberates individuals to really have the capacity to advance without constraints it is exceedingly likely that what we right now see to be a misuse of vitality will be a joke and the world could be an altogether different place.

Binmado

newbie

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Quote from: samvel86 on June 02, 2018, 02:57:14 PM

Yes, there are bad things that can affect our environment. But if we try to think about the good effect of bitcoin in our environment, there are many advantages .. Investing in bitcoins is good, but that does not mean that you will need to invest all your savings / money in it, just make it another source of income so that your money does not stagnate, and you can earn more. Of course, bitkoyn is digital. It does not need paper, etc. This is a future technology.

Yes, there are two sides to it, the first is the BTC that benefits the economy, the BTC benefits transactions, enabling them to perform faster, faster and at lower costs. with normal banking transactions. But on the other hand, BTC is anonymous, so some people take advantage of BTC as a money laundering tool, donating money to terrorists ....

iyan33

sr. member

Activity: 434

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I think bitcoin is not bad for our environment and it does not have much effect for many people, because it is digital money and many people do not know bitcoin, but If if biycoin is allowed by the government there must be a lot of good things from this bitcoin, one's bitcoin will become successful and can open up new jobs for unemployment

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