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 ?
This had been a topic for a long time whether it is worth it to mine bitcoin or not because of the amount of energy it consumes. If ot brings convenience to anyone, why not. We were able to cut middle-men such as banks when doing are transactions. Move money or buy stuff conveniently without further delay, and improve technolgy, provide job and investment opportunities.
That is why there are alternatives than consuming electricity produced by coal. Some mining farms utilize natural energy which is cost efficient in the long-run.
Thats true we made this argument multiple times in the past and apparently we will keep talking about it till the day that we found a solution. Use of the electricity and this kind of things causes global warming. On the other hand there are also tons of things that we should worried about before the bad sides of bitcoin.