Post
Topic
Board Bitcoin Discussion
Re: concern for bitcoin and the environment
by
xavier
on 25/04/2011, 22:23:05 UTC
My plan is to mine over winter and use the heat generated to heat my apartment. I was also thinking about adding in some solar panels. Doing those things would make me feel better about the mining, but I am still not 100% comfortable with the idea of being a part of the system which is energy intensive as a whole. I understand that this may not be a concern for many people, but I thought I would throw it out there and see what people are thinking. Thanks for your input.


Rofl.

IMO, its not like theres a shortage of energy, just in certain countries.

For example, Iceland is brimming with energy, has loads of hot springs and stuff, and way too much electricity. Similarly Iran (apparently) because of all the oil they burn. Yet California can't get enough.

I think the problem is not a lack of energy but distribution of it.

So to that point, I guess Bitcoin miners should be concentrated in places with an abundance of energy. And I suppose the free market forces will make sure that this happens.

BTW, as a side note I think that the solution to the 'energy crisis' is better infrastructure, so that we can have say a country like Iceland exporting its energy to say the US.

That energy can then be used in different forms, eg. Hydrogen for cars, Electricity for houses, etc. etc.

Thus replacing oil and solving the world's energy crisis. Simple, lol Smiley