Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's huge carbon footprint - deal breaker
by
RawDog
on 24/06/2019, 09:25:27 UTC
Carbon emissions have been increasing every year on earth. This carbon release was increasing before bitcoin was present.

With a car that consumes 1 liter of fuel, 30% of the energy goes to useful work - the car goes forward, while 70% goes to waste heat.

With Bitcoin, for every liter of fuel burned 99.999999999999999999999999% goes to waste heat.  Only .0000000000000000000000001% goes to the miner that guessed the correct number and made the next block - which is the 'useful work' being done by mining.  

It would be VERY, VERY hard for you to invent a less efficient machine than Bitcoin mining.  It is a most spectacularly horrible idea.  Well, only horrible for those who like the planet.  If your goal is to fuck up the Earth, then Bitcoin mining is your best friend.