Post
Topic
Board Development & Technical Discussion
Re: Development for Bitcoin to reduce CO2 footprint
by
_Django05_
on 03/06/2019, 04:30:39 UTC
I know it has been discussed often with many hardliners on both sides about the energy consumption of Bitcoin and its CO2 footprint.
For my opinion as crypto technical forward payment option we should not close the eyes to it when many people try to lower their CO2 footprint to do the same.

This is an old topic but for the sake of the argument i'll leave it here.

Changing the Bitcoin code
Some altcoins have already done this to avoid the race for computing power by miners. This eliminates the need for dedicated high-speed mining equipment.

Hardware
ASIC miners use less power to generate more coins

Buying carbon credits
It is designed to underpin renewable energy credits, meaning that when you trade them, you’re supporting a market that rewards the production of solar energy.

Buying green power
Most jurisdictions offer ways to purchase power from alternative energy suppliers. Alternatively, you can buy renewable energy certificates or their equivalents, which are tradable certificates rewarding producers of renewable energy.

You can look at it here.