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I don't understand why Bitcoin has been designed to burn fossil fuels when it should just as easily be able to be run using green energy. Until this is changed
by bitcoinmonger 5y ago
I don't understand why Bitcoin has been designed to burn fossil fuels when it should just as easily be able to be run using green energy.
Until this is changed I can't see cryptocurrencies having a future, despite their utility.
- andy9775 5y agoExactly. If bitcoin mining drives demand for solar, leads to solar production jobs in the US and increases R&D leading to more efficient panels - awesome. But if companies start to go public based on the premise of mining bitcoin at the cheapest possible price - I doubt they'll invest in Solar/wind/geo[0]. [0] Yes, I know mining in Iceland is a thing. But mines in Iceland don't make up a huge chunk of the network.