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The Last Word on Bitcoin's Energy Consumption

2 pointsby nochover 4 years ago

1 comment

PragmaticPulpover 4 years ago
Does anyone really believe that the bulk of Bitcoin mining energy is coming from renewable energy sources that would otherwise go to waste?<p>Obviously some of it might come from such energy sources, but the idea that Bitcoin is somehow mostly powered by green, renewable energy that would otherwise go to waste is a massive exaggeration. I know Bitcoiners want to believe that Bitcoin has no harmful energy impact, but we need to be honest about how a system that incentivizes increasing energy consumption is <i>not</i> a sustainable solution.
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