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๐ฑ CRYPTO AND THE ENVIRONMENT Myth or Reality?๐ฅ THE MOST COMMON CRITICISM AGAINST BITCOIN
"Bitcoin consumes a lot of electricity, harming the planet". Is this true or a myth?
Bitcoin mining uses energy, but it's also shifting towards renewable sources.
๐ Respond with ๐ if you're concerned about the environment or with โก if you think the debate is overblown
๐ HOW MUCH ENERGY DOES BITCOIN CONSUME?
Bitcoin consumes about as much electricity as a medium-sized country (Argentina or the Netherlands).
But most of that energy comes from sources that would otherwise be wasted: gas flared at wells, surplus hydroelectric power, geothermal.
๐ฑ CRYPTO AND THE ENVIRONMENT Myth or Reality?
๐ฅ THE MOST COMMON CRITICISM AGAINST BITCOIN
"Bitcoin consumes a lot of electricity, harming the planet". Is this true or a myth?
Bitcoin mining uses energy, but it's also shifting towards renewable sources.
๐ Respond with ๐ if you're concerned about the environment or with โก if you think the debate is overblown
๐ HOW MUCH ENERGY DOES BITCOIN CONSUME?
Bitcoin consumes about as much electricity as a medium-sized country (Argentina or the Netherlands).
But most of that energy comes from sources that would otherwise be wasted: gas flared at wells, surplus hydroelectric power, geothermal.
"Bitcoin consumes a lot of electricity, harming the planet". Is this true or a myth?
Bitcoin mining uses energy, but it's also shifting towards renewable sources.
๐ Respond with ๐ if you're concerned about the environment or with โก if you think the debate is overblown
๐ HOW MUCH ENERGY DOES BITCOIN CONSUME?
Bitcoin consumes about as much electricity as a medium-sized country (Argentina or the Netherlands).
But most of that energy comes from sources that would otherwise be wasted: gas flared at wells, surplus hydroelectric power, geothermal.
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