Energy consumption is energy consumption. While you might be connected to a grid where renewable sources are accessible, you are still straining a grid which could cover for an area which uses less clean energy sources.
But it’s not like every mining rig is connected to a source of renewable energy. It’s untraceable, which is part of the concept behind bitcoin. It should be obvious that a decentralized, untraceable, energy intensive cryptocurrency is not somehow controlled to be driven primarily by green sources.
So I assume you have counter arguments? Or do you just hope that laughing at arguments will win you the discussions?
You’re going to be shocked to learn that using energy doesn’t harm the environment, and Bitcoin doesn’t require coal.
And guess what, yes, renewable energy is generally cheaper than fossil fuels.
That means you are incentivized to not only use renewable energy to mine Bitcoin, but to further invest in improving renewable energy sources.
Energy consumption is energy consumption. While you might be connected to a grid where renewable sources are accessible, you are still straining a grid which could cover for an area which uses less clean energy sources.
But it’s not like every mining rig is connected to a source of renewable energy. It’s untraceable, which is part of the concept behind bitcoin. It should be obvious that a decentralized, untraceable, energy intensive cryptocurrency is not somehow controlled to be driven primarily by green sources.