Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: MrSpasybo on January 21, 2024, 12:23:59 AM
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For many years, every time the BTC price fluctuates strongly, whether it increases or decreases, we always have more articles condemning the BTC mining industry because it consumes too much electricity, even more than the electricity consumption of many countries[1]. Therefore, Bitcoin mining is considered a dirty and harmful industry, which is also commonly used to condemn Bitcoin, in addition to concerns about the future of finance.
Besides negative criticism and wanting to destroy the Bitcoin network, we have many suggestions to improve the situation[2], and after many efforts from miners, we have made great progress.
A new report by the Bitcoin ESG Forecast suggests that the cryptocurrency industry is taking strides to reduce its carbon footprint. According to the report, Bitcoin mining's use of sustainable energy has reached an all-time high of 54.5%. This means that more than half of the energy used to power Bitcoin mining is now coming from sources like hydroelectric, solar, and wind power. Bitcoin mining is now the highest user of sustainable energy among all primary global industries[3].
The increase in sustainable energy use to a number of factors, including the following:
- The ban on Bitcoin mining forced miners to move to greener grids or sustainable off-grid sites.
- The development of new off-grid renewable mining operations.
- The increasing use of methane emissions to generate electricity for Bitcoin mining, which reduces the environmental impact compared to venting it into the air.
- Global grids are becoming greener at 0.7% per year.
This suggest that Bitcoin mining is on track to become a more environmentally friendly industry. It demonstrates that the crypto industry is committed to reducing its environmental impact and can play a role in the transition to a low-carbon economy.
From now on, we can circumvent many people's arguments that Bitcoin is too dirty and harmful to the environment. However, I would not be surprised if in 2024 and 2025 BTC anti-fans will continue to use energy issues to attack the crypto market. Regardless, the Bitcoin Hashrate will continue to increase and the network will become more and more secure 💪💪💪
Do you think Bitcoin becoming "greener and cleaner" is really important for the crypto market's future ? Will environmentalists soon recognize Bitcoin as an important driver of clean energy development?
[1] Bitcoin Uses More Electricity Than Many Countries. How Is That Possible? (https://www.nytimes.com/interactive/2021/09/03/climate/bitcoin-carbon-footprint-electricity.html)
[2] Why Does Bitcoin Use So Much Energy? (https://www.forbes.com/advisor/investing/cryptocurrency/bitcoins-energy-usage-explained/)
[3] Bitcoin mining sustainable energy usage hits all-time high of 54.5% (https://cointelegraph.com/news/bitcoin-mining-hits-all-time-high-with-54-5-sustainable-energy-usage)
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The issue of energy and the environment is one of the most controversial issues and accusations surrounding Bitcoin. It is the first argument that we always hear from Bitcoin opponents that Bitcoin is the enemy of the environment and consumes a lot of energy.
Therefore, turning Bitcoin into a “greener and cleaner” would be a testament to Bitcoin’s innocence from all these accusations. However, I do not expect Bitcoin’s opponents (especially governments) to stop making these accusations or creating new ones to continue their attack on Bitcoin.
Basically, I do not expect that their main problem with Bitcoin is the problem of energy and environmental pollution, their main problem with Bitcoin is decentralization and privacy.
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Therefore, Bitcoin mining is considered a dirty and harmful industry, which is also commonly used to condemn Bitcoin, in addition to concerns about the future of finance.
Some people are just bitcoin critics. They are spreading lies, people will not make findings and believe in the lies. Bitcoin miners were using greener energies than unclean energies since some year ago. See this 2019 report:
Study: Over 74% of Bitcoin Mining is Powered by Renewable Energy (https://cointelegraph.com/news/study-over-74-of-bitcoin-mining-is-powered-by-renewable-energy)
After bitcoin mining was banned in China, minus in Kazakhstan increase. Kazakhstan is using for fossil fuel to generate electricity and this reduces clean energy for mining bitcoin, but the percentage was still over 50% at the time.
See this 2021 report:
The bitcoin mining network, energy and carbon impact (https://bitcointalk.org/index.php?topic=5383881.msg59129918#msg59129918)
Conclusion
In the grand scheme of things, the carbon emissions emitted by electricity providers supplying the Bitcoin mining network are inconsequential. At 0.08 % of global CO2 emissions, removing the entire mining network from global demand—and thereby depriving hundreds of millions of people of their only hope for a fair and accessible form of money—would not amount to anything more than a rounding error.
I found this research not surprising at all. The world are failing to tackle the real cause of global warming while bitcoin critics says their own wrong decision. The earth was warmest in 2023, but bitcoin miners are moving towards clean energy which proves the critics wrong again.
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The issue of energy and the environment is one of the most controversial issues and accusations surrounding Bitcoin. It is the first argument that we always hear from Bitcoin opponents that Bitcoin is the enemy of the environment and consumes a lot of energy.
Therefore, turning Bitcoin into a “greener and cleaner” would be a testament to Bitcoin’s innocence from all these accusations. However, I do not expect Bitcoin’s opponents (especially governments) to stop making these accusations or creating new ones to continue their attack on Bitcoin.
Basically, I do not expect that their main problem with Bitcoin is the problem of energy and environmental pollution, their main problem with Bitcoin is decentralization and privacy.
Politicians will not be able to attack Bitcoin because it is decentralized and private and too good for users to escape traditional finance with many crises. They will say Bitcoin is “dirty” and easily scare people and help them resist Bitcoin.
Some people are just bitcoin critics. They are spreading lies, people will not make findings and believe in the lies. Bitcoin miners were using greener energies than unclean energies since some year ago.
They simply do not want people to access Bitcoin to become their own bank. I think the media channels themselves have been bribed or forced by some very large financial/political power.
But at least we have truthful information that cannot be ignored!
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I found this research not surprising at all. The world are failing to tackle the real cause of global warming while bitcoin critics says their own wrong decision. The earth was warmest in 2023, but bitcoin miners are moving towards clean energy which proves the critics wrong again.
Thanks for the research :), Critics keeps on growing from the previous years through till date, I wonder if they are getting paid by the Bitcoin cripplers or probably they are :( . The main carbon generators aren't taken care of , we need to understand that the world's population keeps on growing and we are spreading our territory therefore increasing the fact that we are carbon emitters and thus the ongoing wars are the some kind of joke to the ozone layers, we kept on depleting the ozone layers from mechs but instead we decided to put this on Minning energy sources .... We are not falling anytime though ;D let's see how long they last
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Some resources to debunk any attack against Bitcoin mining industry and its energy consumption.
- Bitcoincleanup.com (https://bitcoincleanup.com/)
- End the energy fud (https://endthefud.org/energy)
- Cambridge Bitcoin Electricity Consumption Index's Greenhouse Gas Emission (https://ccaf.io/cbnsi/cbeci/ghg)
- Bitcoin mining council's reports (https://bitcoinminingcouncil.com/)
Bitcoin Mining Council release quarterly reports and they have summary at their website but more details are in their Youtube videos.
Like this report
- H1 2023 report (https://bitcoinminingcouncil.com/bitcoin-mining-council-survey-confirms-year-on-year-improvements-in-sustainable-power-and-technological-efficiency-in-h1-2023/)
- The Bitcoin Mining Council H1 2023 Briefing (https://www.youtube.com/watch?v=dHEgnYBCX00) video on Youtube.
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Do you think Bitcoin becoming "greener and cleaner" is really important for the crypto market's future ??
Yes. Although those who hate Bitcoin will continue to point Bitcoin mining use tons of energy.
Will environmentalists soon recognize Bitcoin as an important driver of clean energy development?
It depends. Those who reject nuclear fusion as energy source (such as greenpeace organization) is likely to recognize such thing.
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Yes. Although those who hate Bitcoin will continue to point Bitcoin mining use tons of energy.
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It depends. Those who reject nuclear fusion as energy source (such as greenpeace organization) is likely to recognize such thing.
People only believe what they want to believe, and they will only say things that benefit them. Sometimes politicians and news channels don't want to tell the truth, they want to say something that will get attention.
We currently have new generation nuclear reactors that use Thorium, they are safer than older generations, this will be a safe source of energy for us in the future. The fusion reactor is still under development and we need more efforts to achieve a commercial version. Bitcoin will be a driving force for energy scientists to continue researching and developing useful technologies 🚀🚀🚀
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Sometimes if care is not taken, we are going to loose control out of what the people are saying which we have no idea about to later discover that it was blatantly bunch of lies far from the truth, which also calls for us in making research about anything that we want to go into, not only that we listen to what some are saying because they are against the opinion, we need to extend more to know about what others also see or have a suggestion over that same thing before drawing our conclusion.
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Therefore, Bitcoin mining is considered a dirty and harmful industry, which is also commonly used to condemn Bitcoin, in addition to concerns about the future of finance.
I laugh at this publisher who publish such articles saying BTC is causing great damage to the environment and it should use green energy. While they ignore other facts causing a great deal of energy consumption. I am not saying BTC doesn't use a great amount of electricity and other resources, but I am saying these publishers only need a story and to make a place in the hearts of readers, they have to add some spice to it. They have to use elevating words in them. So, newbies and those who had doubts about BTC in their minds will start to hate it already.
This means that more than half of the energy used to power Bitcoin mining is now coming from sources like hydroelectric, solar, and wind power. Bitcoin mining is now the highest user of sustainable...
I guess the big factor is the expensive electricity that was costing more then the profit a miner was making, so they have left with no other choice but to use green ways of getting energy.
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They hate Bitcoin's energy consumption because they hate Bitcoin, not because they care about green energy.
Critics feel the need to weigh in on Bitcoin's energy usage but never once criticized fiat's energy consumption.
If they believe in climate change, they encourage the development of renewable energy sources in unfavorable areas.
What matters is where the energy comes from, not how much we use it.
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People only believe what they want to believe, and they will only say things that benefit them. Sometimes politicians and news channels don't want to tell the truth, they want to say something that will get attention.
it's true that people believe what they want to believe, but this people are delusional and they keep on doing this from time to time getting more attention and more people to believe them despite the fact that more and more cleaner energy has be introduced to rhe system. Let's just say they are embracers of fiat system, there's nothing more!
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Some persons fight blindly, they ought to make research about the coin before setting conflict against the coin, Bitcoin could be the solution to many of their problem but they tend to be ignorant to the fact that Bitcoin is just here to bridge the gap between p2p transaction and now look very profitable for investment in long term. I believe some of those persons who fight against Bitcoin will come to their senses and will realize what they have missed so far.
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I used to think that the word “cleaner” meant dirty coins, not renewable energy sources.
Some persons fight blindly, they ought to make research about the coin before setting conflict against the coin, Bitcoin could be the solution to many of their problem but they tend to be ignorant to the fact that Bitcoin is just here to bridge the gap between p2p transaction and now look very profitable for investment in long term. I believe some of those persons who fight against Bitcoin will come to their senses and will realize what they have missed so far.
Most of us try to resist the desire to change. If you have a profitable job and get the opportunity of a lifetime to leave your job and start working in a company with a better salary, but the company is expected to succeed or fail within a year or two, you will prefer simple continuous profit instead of quick profit, and we have many examples in history. The most recent are Kodak and Nokia, so many are betting on the failure of cryptocurrencies, and when they realize their mistake, they have joined the list too late.
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I laugh at this publisher who publish such articles saying BTC is causing great damage to the environment and it should use green energy. While they ignore other facts causing a great deal of energy consumption. I am not saying BTC doesn't use a great amount of electricity and other resources, but I am saying these publishers only need a story and to make a place in the hearts of readers, they have to add some spice to it. They have to use elevating words in them. So, newbies and those who had doubts about BTC in their minds will start to hate it already.
I guess the big factor is the expensive electricity that was costing more then the profit a miner was making, so they have left with no other choice but to use green ways of getting energy.
Google is still free but many people don't want to know the truth, they want to know something negative about BTC, and the topic of energy is always prominent and easy to abuse.
It's sad because many people don't understand BTC, or they don't profit from BTC, they want to do something to reduce the joy of those who are successful in the crypto market, and they want to believe that BTC is dirty and dangerous for world. Do they think the Bitcoin network is causing their electricity bills to increase @@
The market will always be exciting with many negative news about BTC right before the bullrun 😂
Biden administration to clamp down on Bitcoin via emergency data collection on mining (https://www.bitcoininsider.org/article/240109/biden-administration-clamp-down-bitcoin-emergency-data-collection-mining)
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Do you think Bitcoin becoming "greener and cleaner" is really important for the crypto market's future ? Will environmentalists soon recognize Bitcoin as an important driver of clean energy development?
We live in an era where so-called environmentalists are so noisy everywhere and so to appease these people Bitcoin mining is getting to be greener and cleaner with the use of renewable energy as well as those that will just go to waste. I don't get a lot of damn with people who argues that Bitcoin is bad for the environment because in the first place all industries, people and many of man's activities do require power. Focusing on Bitcoin is rather disconcerting for me. to stop Bitcoin from getting a blackeyes in the views of these people - and they are so good in getting the attention of the media on their side, mind you - Bitcoin mining has no choice but to be green. Yet there is no guarantee that Bitcoin will get the approval from these people because in the first they don't like Bitcoin and I am sure that not many of them would want something to do with cryptocurrency.
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For many years, every time the BTC price fluctuates strongly, whether it increases or decreases, we always have more articles condemning the BTC mining industry because it consumes too much electricity, even more than the electricity consumption of many countries[1]. Therefore, Bitcoin mining is considered a dirty and harmful industry, which is also commonly used to condemn Bitcoin, in addition to concerns about the future of finance.
What happened is that people were afraid of loosing their funds when things like this happens, they never want to risk it and what caused the most of it all is the social media, the kind of news that people spread around the internet concerning bitcoin whenever it goes dip can make people to all fear and rush to selling off their asset of investment when they realized the market is no more favourable on their own end.
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Do you think Bitcoin becoming "greener and cleaner" is really important for the crypto market's future ? Will environmentalists soon recognize Bitcoin as an important driver of clean energy development?
We live in an era where so-called environmentalists are so noisy everywhere and so to appease these people Bitcoin mining is getting to be greener and cleaner with the use of renewable energy as well as those that will just go to waste. I don't get a lot of damn with people who argues that Bitcoin is bad for the environment because in the first place all industries, people and many of man's activities do require power. Focusing on Bitcoin is rather disconcerting for me. to stop Bitcoin from getting a blackeyes in the views of these people - and they are so good in getting the attention of the media on their side, mind you - Bitcoin mining has no choice but to be green. Yet there is no guarantee that Bitcoin will get the approval from these people because in the first they don't like Bitcoin and I am sure that not many of them would want something to do with cryptocurrency.
I think it's one area that this so-called environmentalist trying to attack Bitcoin. And I will say that they succeeded in some parts as we all know that China, used to be one of the biggest mining farm, forces their mining to stop or relocate because of electricity and the supposedly bad effects of bitcoin mining to the environment.
But this has been debunked by many experts in the field of electricity and they say that Banking system is one of the biggest contributor as far as hurting the environment.
Maybe this is just way for this anti-Bitcoin to used this argument against us.
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I was reading an energy consumption survey-based post here on the forum yesterday, and after reading this post I can relate to the different viewing angles between both of the threads, anyway Thanks to OP for such a good compilation of information, Sounds like this is one of first threads on the forum I've gone through in which the proper reference-based information sharing.
Bitcoin is getting cleaner, well there are some hidden facts as well, when all this anti-mining campaign was a hot topic some of the people were funding these campaigns for their personal gains, I know maybe many of people will call it just a shity piece of rumors but on some end, rumors posses decent logical grounds as well. Whatever it was a journey of success cant be smooth always, Bitcoin has proved it many times while surviving every sort of legal pressure & fuds.
Now after ETF approvals, someone seems like putting their efforts hard to impose new kind of discouraging taxation for Bitcoin minners.
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The propaganda that BTC mining destroys the environment has been debunked by a lot of BTC enthusiasts, BTC mining uses a lot of energy, but the negative effects have been exaggerated. Miners have been using renewable sources of energy for a long time now, and the percentage that does so is only going to go higher, however take note that the talk of BTC mining destroying the environment is mostly just an attack on BTC, so even if 99% of BTC miners move to renewable sources of energy, anti-bitcoiners would still find a way to attack BTC.
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I think it is difficult to write something meaningful that we haven't read so many times on this topic, but I will say that it is even completely pointless to expect that the attacks on Bitcoin would stop even if we prove that all the energy for mining comes from renewable sources.
Some data shows that BTC mining consumed about 121 TWh in 2023, while in previous years I looked at data that says that the annual losses in the electrical network are about 50 000 TWh. If we compare only those two numbers, it should be clear to us that Bitcoin is at the very bottom of the pyramid if we look at the global industry that has been destroying our environment for the past 80 years.
Therefore, I think that Bitcoin in the context of energy is something very irrelevant from a global point of view, and that the real problem is actually its decentralized nature of existence, which bothers the global elites from the banking sector, and which serves as one of the ways to keep people under control.
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Google is still free but many people don't want to know the truth, they want to know something negative about BTC, and the topic of energy is always prominent and easy to abuse.
You are right. Out of the 7.8 billion population, 80% to 90% still don't consider BTC real money. My numbers might be wrong here as they are just self-made. The point here is, that most people don't know anything about BTC but they have heard about it and articles like these will not make them learn about it instead they will make a place as a villain in their hearts.
Do they think the Bitcoin network is causing their electricity bills to increase @@
Using energy for BTC mining cannot raise electricity costs, if the Mining operators are paying the bills then they are doing it legally, if the grid stations have some kind of record of usage then they should take steps to manage things.
The market will always be exciting with many negative news about BTC right before the bullrun 😂
😂😂😂 That is true, even the market will be excited about every kind of negative news, This period is a little bit intense.
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I think it is difficult to write something meaningful that we haven't read so many times on this topic, but I will say that it is even completely pointless to expect that the attacks on Bitcoin would stop even if we prove that all the energy for mining comes from renewable sources.
Some data shows that BTC mining consumed about 121 TWh in 2023, while in previous years I looked at data that says that the annual losses in the electrical network are about 50 000 TWh. If we compare only those two numbers, it should be clear to us that Bitcoin is at the very bottom of the pyramid if we look at the global industry that has been destroying our environment for the past 80 years.
Therefore, I think that Bitcoin in the context of energy is something very irrelevant from a global point of view, and that the real problem is actually its decentralized nature of existence, which bothers the global elites from the banking sector, and which serves as one of the ways to keep people under control.
We have many analyzes of the energy used in the Bitcoin network, even comparing it with the energy for the banking system, gaming consoles or Christmas lights... but it seems that everything still cannot satisfy Bitcoin opponents.
I think those politicians are looking for ways to stand out before the election happens and Bitcoin and its energy are chosen to be their tool 😂
We cannot stop these people from opposing Bitcoin, we can only share complete research on this issue so that more people can understand and support Bitcoin. It will be better when the congressmen who lie about the energy situation in the Bitcoin network cannot achieve their election goals, and the congressmen who support Bitcoin mining are elected for a new term 💪💪💪
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Do you think Bitcoin becoming "greener and cleaner" is really important for the crypto market's future ? Will environmentalists soon recognize Bitcoin as an important driver of clean energy development?
Yes, greener and cleaner mining of BTC will streamline its adoption in the future, because the media is already trying there hard to create a bad image of BTC among traditional people. So, if miners will shift on using green way so energies then the media will have nothing in their hands to write bad about BTC or mining, thus overall it will make a place in the heart of traditional people and convince them to adopt it.
So yeah, considering the upper scenario, Greener and cleaner mining is really important for the crypto market's future. And in my opinion, most of the mining platforms already use green and clean sources of energy for example wind energy and solar energy, because electricity from grid stations and other forms of non-renewable energy is very expensive for the miners and they are left with not profit at the end.
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Yes, greener and cleaner mining of BTC will streamline its adoption in the future, because the media is already trying there hard to create a bad image of BTC among traditional people. So, if miners will shift on using green way so energies then the media will have nothing in their hands to write bad about BTC or mining, thus overall it will make a place in the heart of traditional people and convince them to adopt it.
So yeah, considering the upper scenario, Greener and cleaner mining is really important for the crypto market's future. And in my opinion, most of the mining platforms already use green and clean sources of energy for example wind energy and solar energy, because electricity from grid stations and other forms of non-renewable energy is very expensive for the miners and they are left with not profit at the end.
Bitcoin miners who are able to implement environmental friendliness are only available in some north poles and south poles where there are still very cold places because Bitcoin miners need cooling to keep the Bitcoin mining machine cool without overheating. Meanwhile, for miners in tropical climates, it will provide extra costs and may not be environmentally friendly.
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We have many analyzes of the energy used in the Bitcoin network, even comparing it with the energy for the banking system, gaming consoles or Christmas lights... but it seems that everything still cannot satisfy Bitcoin opponents.
I think those politicians are looking for ways to stand out before the election happens and Bitcoin and its energy are chosen to be their tool 😂
We cannot stop these people from opposing Bitcoin, we can only share complete research on this issue so that more people can understand and support Bitcoin. It will be better when the congressmen who lie about the energy situation in the Bitcoin network cannot achieve their election goals, and the congressmen who support Bitcoin mining are elected for a new term 💪💪💪
Politicians are not necessarily smart people, but only pawns moved by people much more powerful than themselves, and I am not at all surprised that they use Bitcoin in their daily political games, but some people who the public considers extremely intelligent and, moreover, successful, obviously have some quite other agendas when they publicly state falsehoods when it comes to Bitcoin.
Let's just remember the globally popular Mr. Mars and his initiative to first enable BTC to become a payment option in one of his companies, and the sudden turn after some time when he asserted that he could not support something that harms the environment.
Should we even mention Buffett, Jamie Dimon or perhaps Bill Gates, who use every opportunity to say something bad about Bitcoin, and given their reputation, there should be no doubt that they have a very negative impact on large masses of people. I don't know how many countries have changed in the story "Bitcoin consumes as much electricity as country X", all to scare people that they will remain in the dark if mining is not stopped.
Speaking of stupid moves ->
The Biden administration is launching an emergency data collection initiative targeting cryptocurrency mining operations in the United States, the US Energy Information Administration (EIA) announced yesterday, according to the EIA’s press release.
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Let's go in parts (eras), someone remembers or knows the Kyoto treaty, there you can get the answer to when they say bitcoin, "consume", blah, blah, and the "blah, blah" is not derogatory, since some things that are mentioned are TRUE.
The point is, actually, bitcoin turned green because of the pressures, it was not a natural path of the crypto mining industry!
Let's return to the Kyoto treaty, it is ironic to think that at the time the countries that pollute the most said no to the pact, and one of them is one of those that has attacked bitcoin the most.
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Kyoto treaty (https://en.wikipedia.org/wiki/Kyoto_Protocol):As a curious fact, one of the biggest scams in history was carried out thanks to the sales of CO2 emissions, yes, there is a market for the sale of "smoke", literally, countries have a limit of emissions, but they can buy these "emissions" to other countries that do not use them.
Anyway, a big scam occurred that allowed most country to "pollute more" because they bought more rights to pollute (companies really did it). Little is said about this, but it is there as a real scenario, for the purchase and sale of carbon emissions and other gases.
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But even though Bitcoin is getting greener and cleaner, the government and several parties still say that Bitcoin is the culprit in increasing global electricity consumption and is a significant carbon contributor. In fact, if we see that Bitcoin miners are now starting to gradually switch to renewable energy and are starting to pay attention to their business so that they don't take too much electrical energy from fossil energy with the aim of proving to the government and parties who don't agree with the Bitcoin network, that the Bitcoin mining industry can change and become greener.
If they still turn a blind eye to this fact, it means that they really didn't like Bitcoin from the start.
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But even though Bitcoin is getting greener and cleaner, the government and several parties still say that Bitcoin is the culprit in increasing global electricity consumption and is a significant carbon contributor. In fact, if we see that Bitcoin miners are now starting to gradually switch to renewable energy and are starting to pay attention to their business so that they don't take too much electrical energy from fossil energy with the aim of proving to the government and parties who don't agree with the Bitcoin network, that the Bitcoin mining industry can change and become greener.
If they still turn a blind eye to this fact, it means that they really didn't like Bitcoin from the start.
Basically, the government is always looking for loopholes to make Bitcoin worse in the eyes of the world so that when the government succeeds in having a bad influence, it will have an influence on Bitcoin price movements, which means the government will take advantage of this opportunity to buy as much as they can, so don't obey when the government gives bad news because there must be a hidden purpose by the government.
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Basically, the government is always looking for loopholes to make Bitcoin worse in the eyes of the world so that when the government succeeds in having a bad influence, it will have an influence on Bitcoin price movements, which means the government will take advantage of this opportunity to buy as much as they can, so don't obey when the government gives bad news because there must be a hidden purpose by the government
Negative issues always against bitcoin , since at the beginning bitcoin launched until now. There are many opinions, especially bad opinions about bitcoin at the past. But I don't care. In my mind bitcoin is the future technology, I believe bitcoin will have great future.
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Currently the Bitcoin market situation is very bright right now the market has seen the green light and the price of Bitcoin has increased yet again. A few days ago Bitcoin price dropped a lot but currently it is going to touch $45000 again, looks like it will go to this position soon. It's great to see the Bitcoin market candles turning green because we have the half ahead of us, which is why Bitcoin's price is most likely to rise rapidly right now. Since the Bitcoin market is currently bullish, we can confirm that the Bitcoin candles will be greener in the coming days.
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Currently the Bitcoin market situation is very bright right now the market has seen the green light and the price of Bitcoin has increased yet again. A few days ago Bitcoin price dropped a lot but currently it is going to touch $45000 again, looks like it will go to this position soon. It's great to see the Bitcoin market candles turning green because we have the half ahead of us, which is why Bitcoin's price is most likely to rise rapidly right now. Since the Bitcoin market is currently bullish, we can confirm that the Bitcoin candles will be greener in the coming days.
As many people have predicted, because Halving is approaching, which is only a few days away, the price of Bitcoin will rise to this high. However, you have to remain vigilant because Bitcoin price movements when there is bad news immediately collapse, and of course the whales will try to take advantage of moments like this. It's for profit. Never buy Bitcoin using money that will be used in the near future so that the trading you do doesn't feel pressured.
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The situation around Bitcoin mining is very ambiguous. Many are against it because of the environmental damage. In light of these findings, UN scientists have proposed a series of recommendations for governments to monitor and mitigate the impact of cryptocurrencies on the environment. They also advocated for investment in more energy-efficient digital currencies that have less of a negative impact on the environment.
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The situation around Bitcoin mining is very ambiguous. Many are against it because of the environmental damage. In light of these findings, UN scientists have proposed a series of recommendations for governments to monitor and mitigate the impact of cryptocurrencies on the environment. They also advocated for investment in more energy-efficient digital currencies that have less of a negative impact on the environment.
I think that the vision of these people at the UN is pro-doing something for them, if you don't do something beneficial for them, they won't give you support, since when do they have so much interest in the environment? or, everything is a lie, they do this to wage war on bitcoin, because the things in btcoin can be different when it comes to the fact that they cannot control what happens, what they can do and all this, that's why every time That we are in a place where nothing is done with bitcoin, so let's attack it, why? Because there is no control, I really do not believe in the UN, nor in the WHO, nor in any global peace organization. because they are dedicated to the opposite.
They will be able to deceive many people in the world, but what we read and what we know is that this is not what they are looking for, well nothing to do, then that type of thing is what we should avoid, at least I think like that, in a forum One can say and do, but I think that the whole war against bitcoin, inventing that it pollutes the environment, is an attempt at control on their part.
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They hate Bitcoin's energy consumption because they hate Bitcoin, not because they care about green energy.
Critics feel the need to weigh in on Bitcoin's energy usage but never once criticized fiat's energy consumption.
If they believe in climate change, they encourage the development of renewable energy sources in unfavorable areas.
What matters is where the energy comes from, not how much we use it.
I agree about this, they are bitcoin haters , they didn't care about energy consumption and I also heard about mining doesn't good for environmental. But It's just their opinion.
Haters will always hate bitcoin and crypto, not about greener and cleaner. It's about their hate
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The issue of energy and the environment is one of the most controversial issues and accusations surrounding Bitcoin. It is the first argument that we always hear from Bitcoin opponents that Bitcoin is the enemy of the environment and consumes a lot of energy.
Therefore, turning Bitcoin into a “greener and cleaner” would be a testament to Bitcoin’s innocence from all these accusations. However, I do not expect Bitcoin’s opponents (especially governments) to stop making these accusations or creating new ones to continue their attack on Bitcoin.
Basically, I do not expect that their main problem with Bitcoin is the problem of energy and environmental pollution, their main problem with Bitcoin is decentralization and privacy.
When a country opposes the approval of Bitcoin in their country, it must be understood that they are making this decision based on economic considerations. The fact that bitcoin mining requires extra electricity is not a reason for a country not to approve bitcoin at all, but because of all the other things that they cannot control their economic situation and the people of their country will lose all the money they invest in these currencies. This kind of misconception is held by the governments of many countries due to which they never allow Bitcoin in their country and always oppose the approval of Bitcoin.
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I believe the idea that Bitcoin mining is a pollution to nature is actually a scheme for Bitcoin critics to try to tarnish the decentralized nature of Bitcoin which won't work. People who make mention of Bitcoin mining polluting the environment forget the fact that there are more dangerous physical mining processes that commence day to day stripping nature of a cleaner environment. In my opinion pollution of the environment is something that came alongside technological advancement and is definitely not a cause of. Bitcoin.
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I believe the idea that Bitcoin mining is a pollution to nature is actually a scheme for Bitcoin critics to try to tarnish the decentralized nature of Bitcoin which won't work. People who make mention of Bitcoin mining polluting the environment forget the fact that there are more dangerous physical mining processes that commence day to day stripping nature of a cleaner environment. In my opinion pollution of the environment is something that came alongside technological advancement and is definitely not a cause of. Bitcoin.
The BTC network's energy problem will continue to be a weakness for BTC anti-fans to exploit to attract the community's attention. As Satoshi once mentioned, the BTC network operates more efficiently than the traditional banking system or the mining industry of precious metals like gold. BTC also promotes the development of clean and renewable energy, but this is often deliberately ignored by anti-fans.
We have gone through a period of rapid industrialization and the consequence of this process is environmental pollution. We are currently in the fight against climate change, but that doesn't mean we should turn off the BTC network or every gaming console. I hope that the positive values from BTC and blockchain technology will continue to outweigh the amount of energy they consume :)