Already, even on this forum, the strong impact of bitcoin mining on the environment in terms of electricity costs was refuted. In fact, Bitcoin does not consume so much energy for its production as compared to our other types of activity, in particular, for example, for the work of banks. In reality, this problem does not exist. Humanity can generate electricity as much as necessary. In recent years, the cost of producing renewable energy has decreased markedly. More and more private farms acquire a solar or wind power station and not only cover their costs, but also sell surplus energy to the network.
In addition, mining Bitcoin and other cryptocurrency is not harmful to the environment. At the same time, only heat is released, which is sometimes even used to heat residential buildings.
Totally agree with this. Most people are looking for alternatives to lessen the cost they genrate for mining. Which turns out be using natural energy. Which is a win-win for miners and the environment. What causes the dispute whether is it worth mining cryptocurrency and ruining and wasting energy is using coal-pwered energy in mining. I see a lot of miners setting up their mining farm using either solar-panels or hydro electricity and other natural energy to save them costs which will lead to better profit.