4 ms·

Thats bs. Everything that requires energy advances global warming. Bitcoin is a disaster compared to any other value or money transfer. Everybody mining bitcoin

Thats bs. Everything that requires energy advances global warming. Bitcoin is a disaster compared to any other value or money transfer. Everybody mining bitcoin is using the cheapest energy source available which currently is coal. Get your facts right, stop destroying the world of our children!

celticninja 5y ago
>Everybody mining bitcoin... This is just demonstrably false. https://www.politico.com/magazine/story/2018/03/09/bitcoin-mining-energy-prices-smalltown-feature-217230/ https://www.politico.com/magazine/story/2018/03/09/bitcoin-m... https://www.bloomberg.com/news/articles/2020-12-27/bitcoin-miners-in-nordic-region-get-a-boost-from-cheap-power https://www.bloomberg.com/news/articles/2020-12-27/bitcoin-m... https://www.waterpowermagazine.com/news/newsbitcoin-mining-pool-launched-powered-by-hydropower-8632436 https://www.waterpowermagazine.com/news/newsbitcoin-mining-p... I could go on, but I won't, I just wanted to show how hysterical and full of BS you and people like you are.
- rspoerri 5y ago
  How nice that all energy magically appears out of nowhere to generate the power needed by bitcoin. As if the power to heat your meal and home is suddently not needed anymore when you have your nice valuable bitcoins. The world is already struggling to keep up with the rising power requirements from all the sectors, from production, households and transportation. One of the large problems moving to renewable power sources is, that it's hard to replace current power sources and keep up with the rising power demand. By increasing power demand, older power plants that are worse for the environment must be kept running for a longer time.
  - celticninja 5y ago
    the comment I replied to said all bitcoin mining is done exclusively with coal. I never made claims, I merely pointed out the original statement was incorrect and offered evidence to support it. So what is your point in relation to that? Am I wrong? Is my evidence not sufficient? Do you also believe all bitcoin mining is powered by coal?
    - rspoerri 5y ago
      I dont assume that bitcoin is only powered by coal. Some website mentioned 85%. With its 150 TWh it uses thats a 130TWh in from coal power plants. Thats about 24 Coal power plants that could be shut down, if bitcoin would disappear today (usa has 241 coal power plants with approximately 1300 THw produced). I do think that will make a difference, especially because the power demand of bitcoin is getting worse.
      - celticninja 5y ago
        You stated exactly that: >Everybody mining bitcoin is using the cheapest energy source available which currently is coal. 'Some website said...' some other website said vaccines will make my arm magnetic. Doesn't make it true. Don't spout nonsense just because you agree with it, check the veracity of the statement first. >Thats about 24 Coal power plants that could be shut down, if bitcoin would disappear today No they wouldn't. They existed before bitcoin, they will exist even if bitcoin is outlawed and shut down. The demand would come from elsewhere, but if you understand power generation you would also know that gas and coal power stations are used to keep a base level of power on the grid, solar doesn't generate at night and wind doesn't always blow. Hydro power cannot be transported everywhere it is needed. So coal, gas and nuclear make up the rest. Until we get better storage they will continue to be used and required. Honestly this comment of yours has just highlighted how little you know about the subject. You don't even mention which website but I can guess it's digiconomist, which has been debunked before. That site relies on showing extreme figures to get page views.
  - me_me_me 5y ago
    >How nice that all energy magically appears out of nowhere to generate the power needed by bitcoin. How nice that all energy magically appears out of nowhere to generate the power needed by youtube cat videos. Netflix Porn insert anything that uses electricity.
me_me_me 5y ago
> Bitcoin is a disaster compared to any other value or money transfer. You mean to facilitate money transfer between banks it only take a bit of electricity. But you dont consider the needs of whole organisation called bank to work. Staff commuting, maintenance, running bills etc. All of that produces pollution. So your simple analogy suddenly is not that simple (as any simple explanation to complicated problem). > stop destroying the world of our children! Gtfo, what is this republican rally?? 'Think of the childed, oh no, oh woes!' How about we stop fossil fuel lobbies attacking green initiatives, how about we stop cruse ship industry and mindless consumption from a cheap plastic crap to new electronics iterations every 1/2 a year. Wasteful packaging, imports of non-seasonal foods, rocket lunches of useless crap into orbit akin to star link at el. American army was running country wide program of air-conn desert camps for it troops for what 20 years. A fucking 24/7 AC of a desert not to mention about of carbon wasted shooting/bombing/occupying Afghanistan to literally zero effect. What about those ''none issues'' ?? But no, the evil BTC is the only thing to fight to save the world for the children.
- rspoerri 5y ago
  > You mean to facilitate money transfer between banks it only take a bit of electricity.... So nice to see that bitcoin is giving out loans. Is available to my grandmother. Can be used to pay at every corner in the city. Or does it? > Gtfo, what is this republican rally?? I am always amused by the limited world view. Its not about democrats or republicans, in this world (you know, that thing outside the us?). There are more political views than their agendas. > How about we stop fossil fuel lobbies attacking green initiatives, ... It's nice that you know so many other things that should be addressed as well. But it's no reason not to stop bitcoin from wasting all that power.
  - me_me_me 5y ago
    > I am always amused by the limited world view Its funny that you say that and then present a 1 dimensional view of the world. Haven't really addressed my point just running around the issues trying desperately to shift the goalpost. Address my actual point or don't waste my time.

celticninja 5y ago

>Everybody mining bitcoin... This is just demonstrably false. https://www.politico.com/magazine/story/2018/03/09/bitcoin-mining-energy-prices-smalltown-feature-217230/ https://www.politico.com/magazine/story/2018/03/09/bitcoin-m... https://www.bloomberg.com/news/articles/2020-12-27/bitcoin-miners-in-nordic-region-get-a-boost-from-cheap-power https://www.bloomberg.com/news/articles/2020-12-27/bitcoin-m... https://www.waterpowermagazine.com/news/newsbitcoin-mining-pool-launched-powered-by-hydropower-8632436 https://www.waterpowermagazine.com/news/newsbitcoin-mining-p... I could go on, but I won't, I just wanted to show how hysterical and full of BS you and people like you are.

rspoerri 5y ago
How nice that all energy magically appears out of nowhere to generate the power needed by bitcoin. As if the power to heat your meal and home is suddently not needed anymore when you have your nice valuable bitcoins. The world is already struggling to keep up with the rising power requirements from all the sectors, from production, households and transportation. One of the large problems moving to renewable power sources is, that it's hard to replace current power sources and keep up with the rising power demand. By increasing power demand, older power plants that are worse for the environment must be kept running for a longer time.
- celticninja 5y ago
  the comment I replied to said all bitcoin mining is done exclusively with coal. I never made claims, I merely pointed out the original statement was incorrect and offered evidence to support it. So what is your point in relation to that? Am I wrong? Is my evidence not sufficient? Do you also believe all bitcoin mining is powered by coal?
  - rspoerri 5y ago
    I dont assume that bitcoin is only powered by coal. Some website mentioned 85%. With its 150 TWh it uses thats a 130TWh in from coal power plants. Thats about 24 Coal power plants that could be shut down, if bitcoin would disappear today (usa has 241 coal power plants with approximately 1300 THw produced). I do think that will make a difference, especially because the power demand of bitcoin is getting worse.
    - celticninja 5y ago
      You stated exactly that: >Everybody mining bitcoin is using the cheapest energy source available which currently is coal. 'Some website said...' some other website said vaccines will make my arm magnetic. Doesn't make it true. Don't spout nonsense just because you agree with it, check the veracity of the statement first. >Thats about 24 Coal power plants that could be shut down, if bitcoin would disappear today No they wouldn't. They existed before bitcoin, they will exist even if bitcoin is outlawed and shut down. The demand would come from elsewhere, but if you understand power generation you would also know that gas and coal power stations are used to keep a base level of power on the grid, solar doesn't generate at night and wind doesn't always blow. Hydro power cannot be transported everywhere it is needed. So coal, gas and nuclear make up the rest. Until we get better storage they will continue to be used and required. Honestly this comment of yours has just highlighted how little you know about the subject. You don't even mention which website but I can guess it's digiconomist, which has been debunked before. That site relies on showing extreme figures to get page views.
- me_me_me 5y ago
  >How nice that all energy magically appears out of nowhere to generate the power needed by bitcoin. How nice that all energy magically appears out of nowhere to generate the power needed by youtube cat videos. Netflix Porn insert anything that uses electricity.

me_me_me 5y ago

> Bitcoin is a disaster compared to any other value or money transfer. You mean to facilitate money transfer between banks it only take a bit of electricity. But you dont consider the needs of whole organisation called bank to work. Staff commuting, maintenance, running bills etc. All of that produces pollution. So your simple analogy suddenly is not that simple (as any simple explanation to complicated problem). > stop destroying the world of our children! Gtfo, what is this republican rally?? 'Think of the childed, oh no, oh woes!' How about we stop fossil fuel lobbies attacking green initiatives, how about we stop cruse ship industry and mindless consumption from a cheap plastic crap to new electronics iterations every 1/2 a year. Wasteful packaging, imports of non-seasonal foods, rocket lunches of useless crap into orbit akin to star link at el. American army was running country wide program of air-conn desert camps for it troops for what 20 years. A fucking 24/7 AC of a desert not to mention about of carbon wasted shooting/bombing/occupying Afghanistan to literally zero effect. What about those ''none issues'' ?? But no, the evil BTC is the only thing to fight to save the world for the children.

rspoerri 5y ago
> You mean to facilitate money transfer between banks it only take a bit of electricity.... So nice to see that bitcoin is giving out loans. Is available to my grandmother. Can be used to pay at every corner in the city. Or does it? > Gtfo, what is this republican rally?? I am always amused by the limited world view. Its not about democrats or republicans, in this world (you know, that thing outside the us?). There are more political views than their agendas. > How about we stop fossil fuel lobbies attacking green initiatives, ... It's nice that you know so many other things that should be addressed as well. But it's no reason not to stop bitcoin from wasting all that power.
- me_me_me 5y ago
  > I am always amused by the limited world view Its funny that you say that and then present a 1 dimensional view of the world. Haven't really addressed my point just running around the issues trying desperately to shift the goalpost. Address my actual point or don't waste my time.