Topic: Could bitcoin mining solve climate change? - page 3. (Read 558 times)
Impactful, past research has shown that Bitcoin mining emissions could be as high as 63 megatons of carbon dioxide per year
Bitcoin mining is using energy and emits carbon dioxide to the air. How could it then solve climate change? On the contrary, just like many human activities, Bitcoin mining is actually contributing to climate change. And even if Bitcoin mining shifts entirely to the use of green energy it doesn't mean that it stops from emitting carbon dioxide. Bitcoin mining will always leave carbon footprint.
I'm afraid there's really no alternative story to this. It is futile to counter it as if Bitcoin solves climate change. That would be ridiculous. Instead of creating another story, let's probably focus in explaining why Bitcoin needs to consume energy.
I'm afraid there's really no alternative story to this. It is futile to counter it as if Bitcoin solves climate change. That would be ridiculous. Instead of creating another story, let's probably focus in explaining why Bitcoin needs to consume energy.
Troy Cross is a philosopher that recently joined the twitter cryptocurrency community and know little about bitcoin, though, he claims to know about bitcoin mining but he skipped the first question about the conception of bitcoin mining by saying; they are different meaning to conception and he attended a graduate school where the meaning of conception was the principal topic for a course. The second question he attempted was about the energy consumption of bitcoin he noted that dryers in the USA consume more energy than bitcoin and so on. But, one thing, he got wrong was the bitcoin market capitalization, I don't know when this podcast was recorded, he said the market cap is below a trillion but, its now a trillion dollar as of today. The podcast is long, and the philosopher uses philosophy to answer questions regarding bitcoin something that doesn't interest me.
Probably trying to build a crypto audience and get some sponsors since a Philosophy degree pays shit.
As for the development of renewable energy, Bitcoin mining is one of many thousand use cases for energy. And if you rank them all according to their capital then Bitcoin mining won't even be in top 1000. Emphasis on mining, as his argument involves around it and that's the only part where bitcoin required a substantial energy to function.
Like I have already said, Bitcoin mining is just another use case. Widespread use of renewable and passive energy requires adoption from an entire sector to be of any effect(economically and environmentally).
https://www.unep.org/interactive/six-sector-solution-climate-change/
Another thing, before we start blaming how people use their electricity(like for mining bitcoins), maybe we should focus on how that electricity is produced
Maybe this philosopher needs to attend middle school again lol
The idea that Bitcoin mining would make renewable energy more attractive is not new, it started floating around the same time when it became clear that Bitcoin's energy use is rapidly increasing and already became noticeable on a global scale. So it's already time to show the real world examples of how Bitcoin helps renewables. Where are they?
We don't hear any to be honest. The only thing I remember is that some of the heat produces by bitcoin mining was that it is used as somewhat of heater. But this was when bitcoin can be mine at home and that the hardware is not that expensive. So I doubt that we will hear someone doing solo mining at the basement of his sound as then uses the heat or at least repurposing it. Or if there is a huge bitcoin mining near residence, perhaps they can do that as well specially in cold season.
The idea that Bitcoin mining would make renewable energy more attractive is not new, it started floating around the same time when it became clear that Bitcoin's energy use is rapidly increasing and already became noticeable on a global scale. So it's already time to show the real world examples of how Bitcoin helps renewables. Where are they?
I believe that’s what Tesla’s agenda is! To make the environment more happier by reducing pollution with the help of electric vehicles. At least that’s what it looks like with their behaviour.
Because they were so clear when they became unhappy with the bitcoin mining and its greenhouse effects due to higher electrical energy usage. That’s why they switched to DOGE, remember?
Tesla as with majority of media companies found it profiting to push the agenda that Bitcoin damages the environment and consumes more electricity that Wakanda or some other bs.Because they were so clear when they became unhappy with the bitcoin mining and its greenhouse effects due to higher electrical energy usage. That’s why they switched to DOGE, remember?
This is not a reflection of the reality at all.
I think bitcoin mining is not pushing anything towards greener power house and stuff. Its all about making money through big mining farms.
Yes there are subsidies and few great examples are trying to improve the mining operations but as whole I believe that % is too less.
Reports from the last couple of years actually show that Bitcoin mining is majorly consuming green energy. Here's a report you can read through to get more information - https://coinshares.com/research/bitcoin-mining-network-december-2019Yes there are subsidies and few great examples are trying to improve the mining operations but as whole I believe that % is too less.
The report does not talk about great examples, but the vast majority being environmentally friendly.
Troy Cross is a philosopher that recently joined the twitter cryptocurrency community and know little about bitcoin, though, he claims to know about bitcoin mining but he skipped the first question about the conception of bitcoin mining by saying; they are different meaning to conception and he attended a graduate school where the meaning of conception was the principal topic for a course. The second question he attempted was about the energy consumption of bitcoin he noted that dryers in the USA consume more energy than bitcoin and so on. But, one thing, he got wrong was the bitcoin market capitalization, I don't know when this podcast was recorded, he said the market cap is below a trillion but, its now a trillion dollar as of today. The podcast is long, and the philosopher uses philosophy to answer questions regarding bitcoin something that doesn't interest me.
I believe that’s what Tesla’s agenda is! To make the environment more happier by reducing pollution with the help of electric vehicles. At least that’s what it looks like with their behaviour.
Because they were so clear when they became unhappy with the bitcoin mining and its greenhouse effects due to higher electrical energy usage. That’s why they switched to DOGE, remember?
I think bitcoin mining is not pushing anything towards greener power house and stuff. Its all about making money through big mining farms.
Yes there are subsidies and few great examples are trying to improve the mining operations but as whole I believe that % is too less.
Because they were so clear when they became unhappy with the bitcoin mining and its greenhouse effects due to higher electrical energy usage. That’s why they switched to DOGE, remember?
I think bitcoin mining is not pushing anything towards greener power house and stuff. Its all about making money through big mining farms.
Yes there are subsidies and few great examples are trying to improve the mining operations but as whole I believe that % is too less.
Check out his interview on the
If you want to discuss, write here the most important ideas. I don't go to watch random youtube movies only for you to get more hits.
I don't expect anything new to be said there. Mining Bitcoin is just a tiny fraction of human activities that use electricity.
For real changes towards helping this planet big (and costly) steps must be made and nobody is willing to make them, hence they are diverting mass media's eyes towards bitcoin mining.
So what's in new here? Everyone know that bitcoin mining is pretty good with the alternative of going green with renewable energy source, what is the important message Troy Cross is trying to pass or is it the usual thing we already know which is the lrice of beans and rice in the market, at least let's try create topics that are insightful with new thought, you may only wanted to attract traffic on your site through this.
Philosopher and environmentalist Troy Cross has arisen as one of the most prominent scholars making the case that bitcoin mining has certain special properties which make it ideally suited to powering the development of renewable energies.
Check out his interview on the Futurati Podcast, where he discusses his radical proposals for new financial instruments that foster the 'greening' of bitcoin mining.
Check out his interview on the Futurati Podcast, where he discusses his radical proposals for new financial instruments that foster the 'greening' of bitcoin mining.
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