Post
Topic
Board Bitcoin Discussion
Re: The ugly side of Bitcoin
by
gabbie2010
on 07/05/2019, 07:04:11 UTC
We all know how beneficial it is for us to have a currency like Bitcoin , something that we can use without any interference and without any middle man, but there is always a problem with things that we usually unsee because of the huge benefits it earns to us and this time it's environmental pollution.
Bitcoin as we know it requires mining to continue it's supply , but the thing is mining consumes Tons of energy and thus makes it harder for us to cope up with the stress it is putting up on the environment.
Pollution, global warming  Bitcoin is causing all this , one might argue that it won't be necessary after a while but what about right now ? It's hurting the environment and we have no stable solution for this.
Shouldn't we focus on this too ? Rather than other things ?
I had the opportunity of visiting a refinery and where crude oil is extracted, in the former the environmental pollution in form of smokes churning out from those chimney 24/7 is very alarming triggering global warming  while in the latter oil spillages had degraded the entire riverine area making life unbearable for both aquatic and inhabitants all those effects had the polluted water and land have much more impact on the environment compared to mining of bitcoin.