Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin mining isn’t a waste of energy?
by
JillianTaft
on 16/08/2021, 03:31:00 UTC
From the perspective of Bitcoin, mining has an impact on Bitcoin itself. It costs money to mine. The more cost miners pay, the more valuable Bitcoin is.
This problem can easily be polarized. Those who support Bitcoin believe that Bitcoin has real value, not a waste of resources. Those who oppose Bitcoin believe that Bitcoin has no real value and therefore is a waste of resources. From a subjective level, mining itself is the definition of the cost of digital currency.