The Coming of Green Bitcoin?

[Freemind]

Bitcoin will continue to be green and red all the time because indeed every 24 hours it will have a price change, just basically we don't know when it will turn red and green.
I am also sure that this Bitcoin will surprise us and it will make us angry and for sure if Bitcoin turns green then it will be the best choice for us because it has been holding from red.

This thread talks about the possibility and acceptance by miners of mining Bitcoin with green energy (wind power, hydro power, geothermal power, solar power) and others who still cannot obtain the necessary energy to mine even though they are in the process of study. There is no talk of the rise or fall of the value of Bitcoin, that is already discussed in other threads that you can find in the forum.

[CryptoStar19]

Elon Musk tweeted yesterday that Tesla will start accepting bitcoin for payments again when there is indications that half of mining uses renewable energy... his statement is already moving the market. I feel that overall the recent environmental FUD over bitcoin mining will ultimately end up being a good thing for the industry as it will accelerate the adoption of greener / more renewable energy for bitcoin mining than otherwise.

[Freemind]

Elon Musk tweeted yesterday that Tesla will start accepting bitcoin for payments again when there is indications that half of mining uses renewable energy... his statement is already moving the market. I feel that overall the recent environmental FUD over bitcoin mining will ultimately end up being a good thing for the industry as it will accelerate the adoption of greener / more renewable energy for bitcoin mining than otherwise.

It can be a way to accelerate the migration to green energy, but we must remember that those decisions are in the hands of many people who, for example, may not want to make the initial investment to change mining facilities and infrastructure. We must not forget that in some areas of the planet, in the most remote areas of the population, there are mining farms that use "free" electricity.

[mlawson71]

Until China goes green I doubt there will be a relatively green Bitcoin. The fact, for now at least is, that most Bitcoin is mined in China using coal-generated electricity.

[rizqillah]

Until China goes green I doubt there will be a relatively green Bitcoin. The fact, for now at least is, that most Bitcoin is mined in China using coal-generated electricity.

I think bitcoin does depend on Chinese.
That's fall.
Bitcoin price always depend on demand and supply.
Maybe negative issue will have effect to market, but It will not long.
Market will have several corrections and be back to grow.
We all see bitcoin already touched $ 40k now. That's the fact, bitcoin still have potential to grow.

[yohananaomi]

I think bitcoin does depend on Chinese.
That's fall.
Bitcoin price always depend on demand and supply.
Maybe negative issue will have effect to market, but It will not long.
Market will have several corrections and be back to grow.
We all see bitcoin already touched $ 40k now. That's the fact, bitcoin still have potential to grow.

bitcoin can not be separated from social media, if bad news comes it will affect the movement of bitcoin and it clearly happens but we are starting now to sort out bad news that we can analyze well with bad news who want to look for a momentary profit opportunity. don't give people like @elonmusk to be able to muddy the atmosphere with the aim of making profits and don't trust news from him anymore.

[Proton]

Kraken CEO & Co-founder Jesse Powell says today: Bitcoin is "greener" than critics say. "I think Elon has some more studying to do".

[Freemind]

I think bitcoin does depend on Chinese.
That's fall.
Bitcoin price always depend on demand and supply.
Maybe negative issue will have effect to market, but It will not long.
Market will have several corrections and be back to grow.
We all see bitcoin already touched $ 40k now. That's the fact, bitcoin still have potential to grow.

Not that Bitcoin is depends on China, China is where 65% of the Bitcoin hash is, and although many miners can change the type of energy it is possible that not all do. And yes, Bitcoin is back up to $ 40,000, but we can't say if it will continue to grow or if it is another "trap" from the whales. What happens in China has a great impact on the rest of the world.

[CryptoStar19]

It is true that bitcoin's PoW consumes a great deal of energy. What few realize or talk about is that this is one of humanity's best uses of energy compared to everything else we are using energy for. Bitcoin uses %0.1 of the world's electricity and for that %0.1 we have a sound hard monetary system for the entire world with the potential to bring economic freedom to anyone! This is energy well used.

[mlawson71]

What is PoW? I haven't seen that abbreviation before.

[Freemind]

What is PoW? I haven't seen that abbreviation before.

PoW stands for Proof of Work, and PoS stands for Proof of Stake, two different technologies for mining, Bitcoin is PoW and ETH 2.0 will be PoS, for example. The world of cryptocurrencies is full of abbreviations, I think for your own information you should look up some kind of dictionary to understand things better, you have a lot of information in this forum and on the net.

[Paglamon]

Bitcoin market is probably starting to have a great time. Different countries have started adopting cryptocurrencies. Bitcoin is a popular currency around the world for many transactions in a very short time. So the popularity of Bitcoin is much higher all over the world. Currently, all developing countries, including various rich countries, have started accepting bitcoin. So the scope of bitcoin transactions around the world is increasing a lot. Bitcoin transactions are increasing in various organizations and commercial sectors. So in a few years Bitcoin will become a popular currency all over the world.

[Freemind]

Bitcoin market is probably starting to have a great time. Different countries have started adopting cryptocurrencies. Bitcoin is a popular currency around the world for many transactions in a very short time. So the popularity of Bitcoin is much higher all over the world. Currently, all developing countries, including various rich countries, have started accepting bitcoin. So the scope of bitcoin transactions around the world is increasing a lot. Bitcoin transactions are increasing in various organizations and commercial sectors. So in a few years Bitcoin will become a popular currency all over the world.

In this thread we talk about the different possibilities of Bitcoin when it comes to using green energies (of the many different types that exist) that pollute the planet less (although there are things that pollute much more and nobody complains), we are not talking about green or red in the value of Bitcoin or in the direction the market takes.

[Rifan Khan]

The cryptocurrency market I saw a few days ago.  I have a lot of dumping.  I think it will become pumping in a few days.  It will become pumping for the cryptocurrency market.  All the coins will be pumping like before.  This is what I see now.

[Mahindra]

Currently the price of bitcoins in the cryptocurrency market has gone from a dumping position to a lot of pumping. The price of Bitcoin in the market is going to increase massively again. I think in a few days the market will change a lot more than before. The value of Bitcoin is currently recovering.