Post
Topic
Board Bitcoin Discussion
Re: Can actually Bitcoin be good for the environment?
by
Voidcrafter
on 22/08/2018, 19:16:02 UTC
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?
Mining bitcoin may not create the environmental conditions around. Machines and computers create a lot of warmth. And warmth need somewhere to use, but where you ask. This is the question you need to think about to get an eco-friendly product from bitcoin mining.