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I thought Tesla was an pro-environment company. Bitcoin mining produces a lot of CO2 [0] [1]. [0] https://www.sciencedirect.com/science/article/pii/S254243511

I thought Tesla was an pro-environment company. Bitcoin mining produces a lot of CO2 [0] [1]. [0] https://www.sciencedirect.com/science/article/pii/S2542435119302557 https://www.sciencedirect.com/science/article/pii/S254243511... [1] https://arxiv.org/pdf/2011.02612.pdf https://arxiv.org/pdf/2011.02612.pdf

therealdrag0 6y ago
There’s a lot of things to debate about Bitcoin, but this makes me morally against it. People can chase a million other bubbles and it’s whatever, but this is ridiculous.
neop1x 6y ago
This is actually a very good point in contrast to many other "hater" arguments here. But isn't it partly self-regulating? I mean transaction consts are getting higher so it is becoming impractical to transfer small amounts often, that should reduce the total transaction numbers, maybe? The other thing is that people waste energy and produce CO2 in many other areas - stock market trading consumes energy too, so does excessive traveling, world-wide shipping, playing games on your GPU instead of watching movies, etc. But it is still a good argument, IMO.