Topic: Let's make mining sustainable - page 4. (Read 900 times)

I agree with you that every step counts, but Lucius and the post of mine he quoted are still accurate. Bitcoin is a tiny proportion of global energy usage. If you somehow managed to make bitcoin 99% more efficient, you would still have saved far less electricity than if you made TVs (or cable boxes, or computers, or light bulbs, etc.) 1% more efficient.

Again, a tiny fraction. Based on the research I have seen, even the higher figure of 15 millions tonnes of CO₂ is total current emissions from cryptomining, so works out at less than 3 million tonnes per year. Global CO₂ emissions are currently over 40 billion tonnes per year, meaning cryptocurrency is less than 0.01%. For comparison, console gaming (not including mobile or PC gaming), accounts for 30 million tonnes per year, and streaming online porn accounts for 100 million tonnes per year. If everyone in the world watched 3% less porn than they currently watch, it would offset the entire bitcoin network and more.

Okay I do agree Bitcoin does contribute to pollution but, that is negligible.

Major concern is vehicular pollution and industrial pollution. Third world countries have started working on it but, industrial power giants like America are ignoring it.

Things have to change and change can come only when big leaders agree and not disagree. I live in acoutry where plastic bags have been banned completely, more and more innovative ideas are being implemented to reduce carbon footprint. Like subsidizing electric vehicles and promoting it in large scale.

Hopefully my country Neill achieve the target within the next decade.

P.S I live in a third world country.

1. mining is already becoming more sustainable. the hashrate/watt is getting more efficient all the time. imagine hashing 100exahash using GPU and you will see that if we didnt develop ASICS the electric use would be much much much much(not exaggerating) higher
take for instance 9GPU rig vs a antminer s9 . (same electric use)
900mhash(gpu) vs 14thash
yep ASIC is 15,555x more efficient than GPU

2. bushfires are not caused by mining... if it was then china and georgia would be on fire. not the amazon/australia.
the reason the amazon and australia burn is due to the lack of water. carbon is a lung health issue because the 'greenhousegas' actually shows the upper atmosphere is cooling. yep its cooling. heat rises and more is getting released into the atmosphere rather than being reflected back in.. because the greenhouse affect is not reflecting much back.... at ground level the reason why not as much heat is getting evaporated into the air is lack of water. yep the water cycle has more problems than carbon.

3. snow at christmas... i think you have been watching too much cocacola adverts and fairy tale books making people think they remember snow at christmas every year.. truth is snow is more of a february period.
in england we have historical data that in the last 60 years we only had 9 times of a white christmas but many more of a white february. even things like the london 'frost fair' in the 1800's was in february.
what you find out is things like the cartoon 'the snowman' (nothing to do with christmas the author says) is featured on tv at christmas. even things like the movies 'frozen' 1&2.(again nothing to do with christmas) are released around the november/december period.
did you know most christmas movies are not filmed at christmas. but filmed using fake snow and people celebrating christ while outside the studio its summer. yep snow on TV is usually fake snow.. paper mache

...
summary. dont take media's opinion on how things are. actually do the math find the stats and actually really think about whats being presented to you

Bitcoin will never have an environment friendly PoW algorithm.

The power you spend to mine bitcoins is the price you pay to secure the system. The huge amount of electricity being spent on the bitcoin network just shows how much people willing to spend to keep the blockchain secure.

And it is still more environment friendly than the whole central banking scam.

Yes of course I understand but at the same time the damage it's doing is irreplaceable ,
Maybe after the whole Bitcoin is mined,we won't have that problem anymore but still there are some years left and maybe there could be a law like ,
People who wanna mine should actually just you know use the renewable sources of energy for the 80% of part .
This would obviously require input at first but after that it could prove to be very cheap for the user too.

You really think that Bitcoin is to blame for the fires in the Amazon or Australia, or for the snow not falling in the winter like it used to? More than once in this forum, the thesis about Bitcoin as the cause of the problem has been taken down to the ground. More than 2 thirds of the energy used for mining comes from renewable sources, mainly hydropower. I don't know what more the crypto community should do to prevent global warming or all the catastrophes happening in the world, they are the consequence of what began after WW II, and the consequences are visible today, the progress and civilization we have today have their price.

Good post to see how insignificant the impact of Bitcoin mining really is.

I'm afraid the problem is much more complicated than you think. In general, I positively welcome your position on this but I think that people who make decisions won't do anything about that right now. There will certainly be more effective ways of mining bitcoin, but not in the foreseeable future.

Hey
We all know how the year had been , unfortunately we have seen worst case of bush fire in Amazon , in Australia , environment is changing drastically , not so long enough we used to have snow here and now it's already January , no sign of snow ...
In certain places where it was supposed to be winter , it's raining there tremendously and it's something that am seeing from my own eyes.
I think this 2020 we should focus on reducing the carbon footprint of bitcoins , reduce the energy minning takes ND the pollution it generates .
Hopefully the community will come forward and the creators will also look out for this .
If you are in the IT sector please spare some time and brains for this problem and try finding a way out .

P.S. people please understand that I do not mean they cause bush fires !! It's all about environment change