Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is wasting electricity and are harmful to the environment.. Yea right!!!
by
Kakmakr
on 08/08/2019, 06:39:07 UTC
i wouldnt start going down the road of XXXm slithers of plastic. as the materials used in creating an asic actually outpace credit card plastic

did you know the power cord(to wall socket) alone has more plastic than 5 credit cards
the styrofoam/bubble wrap that the delivery box contains also has more plastic than credit cards
and i havnt even started on the insides of an asic


the main debate about bitcoins environmental wastage is myth busted because most asic farms are set up in area's that have cheap renewable electric generation, meaning low coal/oil/gas electric generation linked to bitcoin

however visa/mastercard's datacentres, wall streets skyscrapers and all those individual bank branches use far more electric

Yes, but the purpose of this debate is to open people's eyes to the "hidden" pollution that are not talked about, when they target Bitcoin for their "wasteful" use of electricity and how harmful some aspects of other payment options are to the environment.

We have not even touched on the sourcing of the components/minerals needed to create paper/plastic notes and also metal coins.  Tongue

There are more ATM's and card readers out there, than all the ASIC miners ever manufactured and they use a lot more components to manufacture these devices.  Wink