More / Bitcoin Reddit - 3 years ago
Great technologies use a lot of energy (the internet uses 20x the energy of BTC) and this is only the beginning. If we as a species hope to crawl out of the mud of our primordial past, we need to learn to utilize vast amounts of clean energy. It is...
More / Bitcoin Reddit - 3 years ago
You have to invest a valuable, scarce resource in a trustless way to contribute to the blockchain, and he saw no other way (and neither do I). Also, the more energy the bitcoin network uses, the more expensive it is to attack. Consider how much is sp...
More / Bitcoin Reddit - 3 years ago
Some huge percentage of energy produced is wasted. This article from 2018 says 68% of energy in the US is rejected. https://www.weforum.org/agenda/2018/05/visualizing-u-s-energy-consumption-in-one-chart#:~:text=Energy%20wasted,gets%20wasted%20through...
More / Bitcoin Reddit - 3 years ago
"Wealth is commonly centralized. And with PoS it is rule by the elite rich. There are many ways in which wealth is or can be centralized. Such as early adapters, thieves who steal from others by force (this also includes organizations like the U...
More / Bitcoin Reddit - 3 years ago
I’m going to preface this by saying that the energy FUD seems too extreme to me. I started digging into energy usage globally and was pretty shocked to find that something like 30-60% of energy is wasted due to grid inefficiencies, poor building insu...
Bitcoin News / Bitcoin.com - 3 years ago
Crypto markets have been very volatile in recent times and a great number of digital assets have dropped more than 30% in value during the last three days. Although, not all the coins in the crypto economy are doing badly, as coins that do not levera...
More / Bitcoin Reddit - 3 years ago
Once somebody talks about how much energy Bitcoin uses, Bitcoin users or fans tend to reply with a flock of arguments ranging from: 75% of the energy is clean, the banking system and gold consume more energy... It is the wrong approach, my friends, b...
Bitcoin News / Bitcoin.com - 3 years ago
The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated up the conversation. Following the recent Tesla announcement, the cofounder of Siphox and Powx,...
Cryptocoins News / The Cointelegraph - 3 years ago
Bitcoin mining via renewable energy is already prominent, one CEO explains. The energy consumed by mining — the process that keeps Bitcoin’s blockchain running — has...
More / Bitcoin Reddit - 3 years ago
https://www.reddit.com/r/todayilearned/comments/jzq36t/til\_that\_the\_46\_billion\_streams\_of\_despacito\_used/ Lets also emphasize here this is for a MUSIC VIDEO and just one of millions of millions of YouTube videos. Nothing transaction wise or...
More / Bitcoin Reddit - 3 years ago
https://www.reddit.com/r/todayilearned/comments/jzq36t/til\_that\_the\_46\_billion\_streams\_of\_despacito\_used/ Lets also emphasize here this is for a MUSIC VIDEO and just one of millions of millions of YouTube videos. Nothing transaction wise or...
More / Bitcoin Reddit - 3 years ago
https://www.reddit.com/r/todayilearned/comments/jzq36t/til\_that\_the\_46\_billion\_streams\_of\_despacito\_used/ Lets also emphasize here this is for a MUSIC VIDEO and just one of millions of millions of YouTube videos. Nothing transaction wise or...
More / Bitcoin Reddit - 3 years ago
https://www.reddit.com/r/todayilearned/comments/jzq36t/til\_that\_the\_46\_billion\_streams\_of\_despacito\_used/ Lets also emphasize here this is for a MUSIC VIDEO and just one of millions of millions of YouTube videos. Nothing transaction wise or...
More / Bitcoin Reddit - 3 years ago
https://www.reddit.com/r/todayilearned/comments/jzq36t/til\_that\_the\_46\_billion\_streams\_of\_despacito\_used/ Lets also emphasize here this is for a MUSIC VIDEO and just one of millions of millions of YouTube videos. Nothing transaction wise or...
More / Bitcoin Reddit - 3 years ago
https://www.reddit.com/r/todayilearned/comments/jzq36t/til\_that\_the\_46\_billion\_streams\_of\_despacito\_used/ Lets also emphasize here this is for a MUSIC VIDEO and just one of millions of millions of YouTube videos. Nothing transaction wise or...
More / Bitcoin Reddit - 3 years ago
https://www.reddit.com/r/todayilearned/comments/jzq36t/til\_that\_the\_46\_billion\_streams\_of\_despacito\_used/ Lets also emphasize here this is for a MUSIC VIDEO and just one of millions of millions of YouTube videos. Nothing transaction wise or...
More / Bitcoin Reddit - 3 years ago
https://www.reddit.com/r/todayilearned/comments/jzq36t/til\_that\_the\_46\_billion\_streams\_of\_despacito\_used/ Lets also emphasize here this is for a MUSIC VIDEO and just one of millions of millions of YouTube videos. Nothing transaction wise or...
More / Bitcoin Reddit - 3 years ago
https://www.reddit.com/r/todayilearned/comments/jzq36t/til\_that\_the\_46\_billion\_streams\_of\_despacito\_used/ Lets also emphasize here this is for a MUSIC VIDEO and just one of millions of millions of YouTube videos. Nothing transaction wise or...
More / Bitcoin Reddit - 3 years ago
https://www.reddit.com/r/todayilearned/comments/jzq36t/til\_that\_the\_46\_billion\_streams\_of\_despacito\_used/ Lets also emphasize here this is for a MUSIC VIDEO and just one of millions of millions of YouTube videos. Nothing transaction wise or...
More / Bitcoin Reddit - 3 years ago
https://www.reddit.com/r/todayilearned/comments/jzq36t/til\_that\_the\_46\_billion\_streams\_of\_despacito\_used/ Lets also emphasize here this is for a MUSIC VIDEO and just one of millions of millions of YouTube videos. Nothing transaction wise or...
More / Bitcoin Reddit - 3 years ago
https://www.reddit.com/r/todayilearned/comments/jzq36t/til\_that\_the\_46\_billion\_streams\_of\_despacito\_used/ Lets also emphasize here this is for a MUSIC VIDEO and just one of millions of millions of YouTube videos. Nothing transaction wise or...
More / Bitcoin Reddit - 3 years ago
There are multiple reasons why the energy consumption makes sense, since it prevents certain network attacks, like following: You really have to invest much in hardware & energy to mine blocks - and unlike with POS coins, it's therefore not...
by COINS NEWS - 3 years ago
tl;dr: BTCs energy consumption is a problem. please stop trying to deny it, it doesn't help anyone. I like crypto. I like this community. But what I really dislike a lot about it is, that it is awful with criticism. You bring up anything negative...