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Check the numbers. Bitcoin is just not worth it's ecological footprint: https://digiconomist.net/bitcoin-energy-consumption https://digiconomist.net/bitcoin-ene
by okl 5y ago
Check the numbers. Bitcoin is just not worth it's ecological footprint: https://digiconomist.net/bitcoin-energy-consumption https://digiconomist.net/bitcoin-energy-consumption
- zsmi 5y agoThat's new to me. It seems the argument hinges on this fact, "Bitcoin could therefore theoretically handle around 220 million transactions annually." I think the assumption that there will be no innovation in this space, optimizations will never decrease the amount of computing resources required for a bitcoin transaction, and nothing can be done, is probably incorrect. Some prospects: https://en.wikipedia.org/wiki/Bitcoin_scalability_problem#Efficiency_improvements https://en.wikipedia.org/wiki/Bitcoin_scalability_problem#Ef...
- okl 5y agoThe pollution is happening right now. You must realize that appealing to a hypothetical future solution doesn't excuse us from our obligation to do things right in the present.
- lostmsu 5y agoCan you outline how that could have worked for cars, trains, and all other automation, which were all extremely polluting and inefficient, and were slowly refined over a course of XX century?