Topic: If you could invest your cryptocurrencies in the environment would you? - page 2. (Read 773 times)
February 02, 2020, 02:38:29 PM
The topic of ecology at the moment is one of the most discussed topics in general. It's no secret that in the waters of the ocean there is a garbage island the size of France. there are also a huge number of other environmental problems (and, as a result, with the climate). If we combine our efforts and use cryptocurrency for the good, then we can change the situation with the environment. It will also be a great cryptocurrency ad.
February 02, 2020, 09:18:19 AM
Yes, it is kind of sensitive.
Cryptocurrency in which we are making dome digitial coins or digital currency that may helps us to use it into the new technology of the world, bitcoin mining produce a very high electricity consumption that is producing also a high heat in the environment and it is very hard because as we all know that it is kind of pollution that the environment is suffering so if I would really given a chance that I would invest my cryptocurrency to the environment then I will do it because just like what we learned in the school, we should need to protect the environment so that the next generation will be able to see the environment that we have right now, be an environmentalist in which in some very simple way we can help to lessen the pollution that is brought by Cryptocurrency on our environment.
Cryptocurrency in which we are making dome digitial coins or digital currency that may helps us to use it into the new technology of the world, bitcoin mining produce a very high electricity consumption that is producing also a high heat in the environment and it is very hard because as we all know that it is kind of pollution that the environment is suffering so if I would really given a chance that I would invest my cryptocurrency to the environment then I will do it because just like what we learned in the school, we should need to protect the environment so that the next generation will be able to see the environment that we have right now, be an environmentalist in which in some very simple way we can help to lessen the pollution that is brought by Cryptocurrency on our environment.
February 02, 2020, 08:22:23 AM
Of course I could, but the question arises of what exactly? Solar power generation? But to whom then can I sell it with an excess of it from me? We have a state monopoly on electricity in our country. And I need to look for places for panels somewhere so that they are safe for others. Wind energy is much more demanding and need more money to start it.
February 02, 2020, 08:19:18 AM
Between the question of electricity consumption, the pollution produced by mining and many other things.
What if that would ultimately turn to the benefits of cryptocurrencies?
There is no way that things would turn into something beneficial. What could we do with pollution and high electricity consumption? nothing but to deal with it, we just need to find alternatives in utilizing them. Let us be practical here, as mining become more expensive we are just like doing it in the name of pride of cryptocurrencies and we get less and lesser every time. What if that would ultimately turn to the benefits of cryptocurrencies?
polution cant only be found on those mining activities that you mentioned ( coal , gold , oil , etc . mining ) but polution can be on any forms like sound/noise , heat , etc . arent you aware of big crypto mining companies ? you can see them on the web or on here the forum . lots of crypto mining ( cpu / hardwares ) are being run all together . you dont think this does not release negative energies or polutions ? i believe they are .
Bitcoin mining can have some negative effects on our environment. I once read a journalist's article on The Guardian, and he claimed that the effects ofBitcoin in our environment is similar to oil and has the possibility of being even bigger than oil, and it’s probably going to haunt it, and everyone that’s into it will be seen as the enemies of environmental movement. I don’t know about this for sure, there are few journalists that have said the claims are not really as serious as others says it is. We all know that bitcoin is the most potent coin today, and it is better if we grab the opportunity to invest in this coin because there are a lot of people get rich because of this coin but still be aware of being volatile of this coin. There are a lot of processes to earn profit like we have trading that you will predict the market price of the bitcoin and the other currency, next is the gambling that you can make some wage to the different games like poker, dice, roulette and many more. Lastly is the use of investment if you want to play safe and avoid losing your money. We all know that while improving technology, it will affect our environment like today. There are a lot of trees cut because of the infrastructure we want to make, and by these, it lessens the oxygen we have now. If there is any chance, we can contribute to nature too by donating our bitcoin or another coin to buy or to plant a lot of trees, so while we are earning at the same time, we are saving the world.
February 02, 2020, 07:26:16 AM
Between the question of electricity consumption, the pollution produced by mining and many other things.
What if that would ultimately turn to the benefits of cryptocurrencies?
There is no way that things would turn into something beneficial. What could we do with pollution and high electricity consumption? nothing but to deal with it, we just need to find alternatives in utilizing them. Let us be practical here, as mining become more expensive we are just like doing it in the name of pride of cryptocurrencies and we get less and lesser every time. What if that would ultimately turn to the benefits of cryptocurrencies?
polution cant only be found on those mining activities that you mentioned ( coal , gold , oil , etc . mining ) but polution can be on any forms like sound/noise , heat , etc . arent you aware of big crypto mining companies ? you can see them on the web or on here the forum . lots of crypto mining ( cpu / hardwares ) are being run all together . you dont think this does not release negative energies or polutions ? i believe they are .
Bitcoin mining can have some negative effects on our environment. I once read a journalist's article on The Guardian, and he claimed that the effects ofBitcoin in our environment is similar to oil and has the possibility of being even bigger than oil, and it’s probably going to haunt it, and everyone that’s into it will be seen as the enemies of environmental movement. I don’t know about this for sure, there are few journalists that have said the claims are not really as serious as others says it is. 
February 02, 2020, 05:32:34 AM
I would use renewable energy if it was affordable for me and competitive with what I currently have - like an electric car, solar panels, etc. But I would never donate my money to environmentalists, especially to some strangers on the internet, especially if they run an ICO or otherwise involved with blockchain, tokens and other scams.
Yes,people in this world are too greedy and they are hiding under good things to make money only so donating or helping such projects is like simply throwing away your money to someone who wanted to earn them without doing any work.
February 02, 2020, 04:59:07 AM
If investing in our environment will have a huge impact into it, I will probably going to invest my cryptocurrency. It is gonna be a privelage to help our environment using the money that I have. Instead of letting your money to stay with you, why not donate it for those people who need it and teach them how they are going to earn that kind of money.
February 01, 2020, 02:50:42 PM
I would use renewable energy if it was affordable for me and competitive with what I currently have - like an electric car, solar panels, etc. But I would never donate my money to environmentalists, especially to some strangers on the internet, especially if they run an ICO or otherwise involved with blockchain, tokens and other scams.
Yes,people in this world are too greedy and they are hiding under good things to make money only so donating or helping such projects is like simply throwing away your money to someone who wanted to earn them without doing any work.
February 01, 2020, 02:30:47 PM
I would use renewable energy if it was affordable for me and competitive with what I currently have - like an electric car, solar panels, etc. But I would never donate my money to environmentalists, especially to some strangers on the internet, especially if they run an ICO or otherwise involved with blockchain, tokens and other scams.
Yes,people in this world are too greedy and they are hiding under good things to make money only so donating or helping such projects is like simply throwing away your money to someone who wanted to earn them without doing any work. February 01, 2020, 01:31:35 PM
Between the question of electricity consumption, the pollution produced by mining and many other things.
What if that would ultimately turn to the benefits of cryptocurrencies?
Investment? Well, it all depends on what the investment is really about, as long as it’s a good one and for a good purpose I will invest in it. I am not the type of person that jumps on any project I see, I always take my time to go through it, ask of other’s opinion and know whether it would really be worth it. If yes, then there is no need to be wasting time about it. What if that would ultimately turn to the benefits of cryptocurrencies?
polution cant only be found on those mining activities that you mentioned ( coal , gold , oil , etc . mining ) but polution can be on any forms like sound/noise , heat , etc . arent you aware of big crypto mining companies ? you can see them on the web or on here the forum . lots of crypto mining ( cpu / hardwares ) are being run all together . you dont think this does not release negative energies or polutions ? i believe they are .
Bitcoin mining can have some negative effects on our environment. I once read a journalist's article on The Guardian, and he claimed that the effects ofBitcoin in our environment is similar to oil and has the possibility of being even bigger than oil, and it’s probably going to haunt it, and everyone that’s into it will be seen as the enemies of environmental movement. I don’t know about this for sure, there are few journalists that have said the claims are not really as serious as others says it is. February 01, 2020, 11:00:33 AM
We can invest into a project or something that would help the environment not really invest into it but I guess that is what you're really saying. The consumption of energy by the miners are said to so massive that is why a lot of them are choosing alternative sources. If we could help the environment just by investing bitcoin, there will be a lot of us here already investing.
February 01, 2020, 10:09:13 AM
Is the subject sensitive or not...
If you could invest your cryptocurrencies in the environment would you?
Between the question of electricity consumption, the pollution produced by mining and many other things.
What if that would ultimately turn to the benefits of cryptocurrencies?
Several comments, Many environmental investment sectors exist, but we would like to know your opinions about this
Thanks
Coinbees
If you could invest your cryptocurrencies in the environment would you?
Between the question of electricity consumption, the pollution produced by mining and many other things.
What if that would ultimately turn to the benefits of cryptocurrencies?
Several comments, Many environmental investment sectors exist, but we would like to know your opinions about this
Thanks
Coinbees
The concept of mining causing pollution is overrated. Mining doesn't contribute to environment pollution directly. Thousands of offices run millions of computers daily for office work. CO2 emission and electric consumption of mining when compare to that is very low.
On the brighter side, cryptocurrencies create value. Value creation by cryptocurrencies is exponential. They not only create valuable coins but also solving social problems through innovation. I think environment cost of creating cryptocurrencies is sustainable for now.
February 01, 2020, 09:46:38 AM
I would use renewable energy if it was affordable for me and competitive with what I currently have - like an electric car, solar panels, etc. But I would never donate my money to environmentalists, especially to some strangers on the internet, especially if they run an ICO or otherwise involved with blockchain, tokens and other scams.
indeed if there is no electricity then cryptocurrency will not survive because all of them need electricity but you should know that electricity can be obtained from sunlight, water and air so I think maybe cryptocurrency investment is still good but you should invest in coins that have limited supply like bitcoin so you can keep it long-term until the supply reaches the maximum limit and the price can be expensive.
February 01, 2020, 06:47:05 AM
I would use renewable energy if it was affordable for me and competitive with what I currently have - like an electric car, solar panels, etc. But I would never donate my money to environmentalists, especially to some strangers on the internet, especially if they run an ICO or otherwise involved with blockchain, tokens and other scams.
indeed if there is no electricity then cryptocurrency will not survive because all of them need electricity but you should know that electricity can be obtained from sunlight, water and air so I think maybe cryptocurrency investment is still good but you should invest in coins that have limited supply like bitcoin so you can keep it long-term until the supply reaches the maximum limit and the price can be expensive. February 01, 2020, 06:10:01 AM
Between the question of electricity consumption, the pollution produced by mining and many other things.
What if that would ultimately turn to the benefits of cryptocurrencies?
What if that would ultimately turn to the benefits of cryptocurrencies?
There's no pollution produced by mining crypto! What are you talking about? Maybe you're talking about coal and oil mining?
What pollution does a bitcoin miner produce? I'd say the same kingd as your PC and TV.
Sure I'd invest in a company that would improve the environment but it would have to show real results not catchy slogans like Greta.
January 31, 2020, 04:41:17 PM
I would use renewable energy if it was affordable for me and competitive with what I currently have - like an electric car, solar panels, etc. But I would never donate my money to environmentalists, especially to some strangers on the internet, especially if they run an ICO or otherwise involved with blockchain, tokens and other scams.
January 31, 2020, 12:06:17 PM
If there would be any higher benefits by investing in the environment around us than for sure much of the people would invest in the same. But in case if we have no profits by investing in the environment around us than there would be minimum people who would invest some shares of their profits into such cause just to support to environment from getting from bad to worst.
There are a lot of NGO's which actively invest into some of these causes like you mentioned maybe about the pollution caused or tree plantations or anything like this which helps in the betterment of the environment but in case of cryptocurrencies, people need profits which would be the main motto behind them to join with the cryptocurrency markets. But yet, I would personally invest into something similar to this.
There are a lot of NGO's which actively invest into some of these causes like you mentioned maybe about the pollution caused or tree plantations or anything like this which helps in the betterment of the environment but in case of cryptocurrencies, people need profits which would be the main motto behind them to join with the cryptocurrency markets. But yet, I would personally invest into something similar to this.
January 31, 2020, 11:06:12 AM
-snip-
Of course, when i say "pollution caused by mining" i talking about electricity used for mining.
I don't have an exact figure for this year (although it's late January)
According to a tool posted online (I can't confirm what), Bitcoin mining would consume the equivalent of the electrical production of nearly 8 nuclear power plants.
Bitcoin mining: 22 megatons of CO2 per year (Estimation July, 2019)
The creation of Bitcoin has an energy impact as important as Switzerland. In question, the manufacture of money, very greedy in electricity and indirectly generating pollution.
But I agree with you, if we could improve this or slow down the pollution effects that it causes I will be ready.
Source : "presse-citron.net"
There should be some cryptocurrency projects which should mainly concentrate onto the pollution caused and they should actively find ways to reduce the pollution and make earth a better place again. If several such project exists than I am sure none of the government might not want to legalize cryptocurrencies.
January 31, 2020, 10:07:35 AM
That aside you know there are cryptocurrencies emerging which are making the cryptos environment friendly.
Also yes I agree mining is not sustainable but maybe we can work towards it and implement the green energy technology with it , the energy needed for the mining can be generated with the help of green energy sources , they do take a huge investment in setting up but it would cost zero afterwards .
Some places have plenty of sunlight , some have plenty of wind and I do believe that if we take into account what our place ,where we are residing right now have the pros in terms of the renewable sources and educate people about it and use it whenever we can collaborating with the bitcoins could actually save the emissions from one side.
You know how they say * every drop counts *
Also yes I agree mining is not sustainable but maybe we can work towards it and implement the green energy technology with it , the energy needed for the mining can be generated with the help of green energy sources , they do take a huge investment in setting up but it would cost zero afterwards .
Some places have plenty of sunlight , some have plenty of wind and I do believe that if we take into account what our place ,where we are residing right now have the pros in terms of the renewable sources and educate people about it and use it whenever we can collaborating with the bitcoins could actually save the emissions from one side.
You know how they say * every drop counts *
January 31, 2020, 05:54:41 AM
Yes, I would help to keep the environment cleaner and less polluted.
But why are you so specific about ‘pollution caused by mining’? Mining does not cause pollution. It is the sources that are used to generate electricity used for mining that causes pollution. Those same sources that produce electricity for various systems.
Anyways, there is a need to support the movement of curbing climate crises. So, if I could invest my cryptocurrency in saving the environment from disasters, I would, in my own little way.
But why are you so specific about ‘pollution caused by mining’? Mining does not cause pollution. It is the sources that are used to generate electricity used for mining that causes pollution. Those same sources that produce electricity for various systems.
Anyways, there is a need to support the movement of curbing climate crises. So, if I could invest my cryptocurrency in saving the environment from disasters, I would, in my own little way.
Of course, when i say "pollution caused by mining" i talking about electricity used for mining.
I don't have an exact figure for this year (although it's late January)
According to a tool posted online (I can't confirm what), Bitcoin mining would consume the equivalent of the electrical production of nearly 8 nuclear power plants.
Bitcoin mining: 22 megatons of CO2 per year (Estimation July, 2019)
The creation of Bitcoin has an energy impact as important as Switzerland. In question, the manufacture of money, very greedy in electricity and indirectly generating pollution.
But I agree with you, if we could improve this or slow down the pollution effects that it causes I will be ready.
Source : "presse-citron.net"
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