Topic: Can bitcoin be used to clean environment and reduce waste?? - page 2. (Read 339 times)

I couldn't agree more.

Bitcoin is a digital decentralized currency, it has nothing to do with environmental problems
Those topics are basically an attack on bitcoin. Soon we will ser authorities trying to PoS or similar to bitcoin   so it can be environmental friendly.

I have long argued that bitcoin mining not only uses a completely inconsequential amount of electricity in the wider scheme of things, but also uses a much higher proportion of renewable electricity than almost any other sector and is actively beneficial in the development of new renewable infrastructure.

But, here's my question to you as a biological scientist about your proposal: What is stopping the development and building of these bio-degradation plants right now? If they can reduce waste while producing usable energy or electricity which can be sold at a profit, then why do we not have more of them already? Why would sticking a bitcoin mining operation on the side make any difference?

maybe there are some bitcoin miners who take advantage of the environment, for example mining bitcoin with solar power or maybe what you mean is like using waste, if you have an idea and do an experiment, it doesn't hurt right, where it can generate electricity to mine bitcoin well of course it will help too reducing waste and being friendly to the environment, this is also a problem with Elon discussing bitcoin mining which he says can damage the environment, but I'm sure in the future there will always be new breakthroughs for bitcoin to be more environmentally friendly

I completely agree with you... The governments are being hypocritical .
But what if we make bitcoin mining become a reward for setting up  bio digesters for waste management..
The higher the prices bitcoin achieve more will be the rewards for creating clean energy from waste and utilising it for mining.
The world will embrace, bitcoin as a saviour.

There are energy and environmental concerns involved with mining bitcoins but any organisation and governments that hides behind those reason alone as their major reason for not allowing bitcoin are merely being hypocritical. I have always said that prior to bitcoins we have always had environmental concerns and then rather than criticizing the environmental friendliness and mining cost of bitcoin they can seek to profer proper solutions to address these issues or if they are without idea seek to adopt ideas like what OP has suggested and make it work.

I believe it's not only about cheap electricity.. it's also more about creating a sustainable system.
A system which can address not only out current waste management and energy needs but future needs as well.
Tons of waste end up in sea, microplastics have already made their way to human fetus.

My point is if make our waste useful, we will have a sustainable and clean future and bitcoin can be a great tool to do that

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I am a biological scientist maybe i don't understand bitcoin as good as many here, but i understand 2 things.
The biggest challenges of our generation is environmental issues and much of it is human waste and emmisions.
Currently there is no real rewards for waste management and and secondly bitcoin mining..( not trading or transaction)needs lot of energy.  If we can club them together can't we mine bitcoin using otherwise useless waste..

Thankyou

[moderator's note: consecutive posts merged]

There are some questions or threads we see here mables me. What bitcoin has to do with environment again? Bitcoin is an online or a digital currency which can be used to buy goods and services and if the  service providers accept it. so I don't see any connection between the two. But if you understand bitcoin you would not ask such question. What your Fiat currency can do bitcoin can also do if only the environmental service agencies will accept it then bitcoin can be used.

The energy companies are against carbon neutrality and fixing the problems they caused.

The issue with biofuel I can think of is it still produces waste gasses (but does reduce overall waste and might redirect some but landfill is normally compacted well to do that too - the waste normally isn't allowed to breathe for long).

I was looking into using renewables for crypto mining and it looks like they might pay higher than directly connecting them to the grid (for smaller sized operations) as the power companies normally only offer half the price of the electricity in return while it's generated (although that was taken from solar and I was looking into wind). That being said, at $400-2k a miner and $3-6k a wind turbine to power it there's probably a reason there aren't that many people doing it.

For long I read bitcoin isn't environment friendly and the cost of bitcoin mining is exorbitant.
 This is the main reason why many organisations and governments are criticizing bitcoin.
However i feel defferent.
I feel bitcoin can become a great tool of creating a much cleaner and greener environment. We should come together and work to create a better future world.

Most of the cities around the globe produce tons of waste and that waste end up in landfills, garbage hills, drains and so on.
Civic bodies don't really have capability, resources or even will to address these problems.

I feel if we allow bitcoiners to set biodegradation plants  for waste treatment. Such plants which decompose these waste and generate bio-gases like methane and other which can inturn generate electricity sufficient for running their bitcoin grids.

This will be a win win situation for all.

There will be cheap electricity for bitcoin mining , there will be biodegradation of waste as needed by civic bodies.
There will be greener and cleaner environment.

Overtime  an international  network or a global bitcoin grid, where citizens can invest for creating waste biodegradation plants and the bitcoin mined will be their reward in proportion to their investments.

I think bitcoin is an opportunity to bring together world and achieve the mammoth goals of environmental protection, poverty eradication and bringing prosperity and equality in world.

Please express your thoughts on this.