4 ms·
In the greater scheme of things, how much energy use is mining bitcoin responsible for? 0.000000000001% of the world's energy use? I used to be very skeptical
by porpoisely 8y ago
In the greater scheme of things, how much energy use is mining bitcoin responsible for? 0.000000000001% of the world's energy use?
I used to be very skeptical of bitcoin and cryptocurrency, but I'm even more skeptical of the recent anti-crypto propaganda all over social media.
3 years ago, crypto was going to save the world. Now, we are talking about environment? What gives? What's with the relentless anti-crypto propaganda?
- JoeAltmaier 8y agoWay off. 32TWh last year in the US. As much energy as Denmark. Its huge and growing alarmingly. That's what this whole conversation is about.
- iainmerrick 8y agoAround 0.02% according to Wikipedia. It’s not nothing.
- borntyping 8y agoBitcoin is currently estimated to be responsible for ~0.21%, more than either Hong Kong or Iraq use [1]. Criticisms of Bitcoin have been around as long as the hype - cryptocurrencies were never going to save the world. [1]: https://digiconomist.net/bitcoin-energy-consumption https://digiconomist.net/bitcoin-energy-consumption
- deleted 8y ago[deleted]