Post
Topic
Board Beginners & Help
Re: Bitcoin isn't green
by
nedbert9
on 27/03/2012, 18:04:53 UTC
Bitcoin needs mining. Mining costs a whole lot of electricity. Electricity still mostly comes from fossil fuels.

Ergo, bitcoin isn't green.

Any thoughts about this?


Think with a broader perspective.  How much electricity is required to operate the Fed, investment and commercial banking system?


Smiley