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Why Bitcoin Mining is Good for the Environment – And why it isn't

5 pointsby meinersbur11 months ago

1 comment

tocs311 months ago
I thought this was a good talk about energy use in the Bitcoin world.<p>Improved efficiency of computing hardware.<p>Increased development of renewable electricity.<p>Development of geothermal energy in remote &#x2F;economically disadvantaged areas.<p>Use of surplus electricity and methane. Use of methane from landfills (and people farts).<p>On the other hand:<p>They are still using &quot;lots&quot; of energy.<p>Still using &quot;lots&quot; of coal and other fossil fuel sources.<p>Opportunity costs when using surplus sources (could be used else where).
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