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Author Topic: The Coming of Green Bitcoin?  (Read 13259 times)

Offline Ferki

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Re: The Coming of Green Bitcoin?
« Reply #15 on: May 30, 2021, 06:42:24 PM »
Vitalik Buterin sees Proof-of-Stake as a "solution" for environmental problems in the crypto industry.
What Ethereum did may also be possible for Bitcoin. Let digital stay digital, but don't increase the number of Bitcoin.

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Re: The Coming of Green Bitcoin?
« Reply #15 on: May 30, 2021, 06:42:24 PM »

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Offline vegasus

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Re: The Coming of Green Bitcoin?
« Reply #16 on: May 30, 2021, 11:45:21 PM »
It is still not there. The market is still at a downtrend so far. It may be hard to face but this is what happens. BTC itself has dropped drastically causing altcoins to drop very deeply. We cannot expect much to face green market nearly, but for several months later

Offline Traderbtcc

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Re: The Coming of Green Bitcoin?
« Reply #17 on: May 31, 2021, 07:32:09 AM »
Using the solar system for mining won't be so cheap, so not all miners would be able to afford to switch its mining power to solar. About the mining in China I think it won't be disrupted because that's the lively hood of most of China's citezen, tho the government can actually disrupt mining in China but it won't be that easy for them to do so because it will affect most their citizens financially

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Re: The Coming of Green Bitcoin?
« Reply #18 on: May 31, 2021, 09:28:45 AM »
I believe that Bitcoin will return to its full potential. Bitcoin will thrive with great potential like the green candle. Bitcoin will become a popular currency around the world. Currently, the market situation of Bitcoin is a little worse. The bitcoin market is likely to grow much higher again. So the Bitcoin market situation is expected to change very soon. The price of Bitcoin keeps bouncing every time. So you have to be patient and invest.
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Offline AlviNess

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Re: The Coming of Green Bitcoin?
« Reply #19 on: May 31, 2021, 11:10:34 AM »
Nothing but stays in the same position for a long time. Maybe the market is having a bad time now. But soon the market will be in a good position again. There are many reasons behind dumping a coin in general. Some of these factors are currently responsible for dumping the value of Bitcoin. Hopefully the market will return to normal.
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Offline UNIVERSE

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Re: The Coming of Green Bitcoin?
« Reply #20 on: June 01, 2021, 11:40:32 PM »
I am not sure enough, for now, thatBitcoin is coming green again. Although it is rising up, the price in fact still at the Prices are quite vulnerable because they have the potential to drop back.
That is why we must be more and more careful and wiser in facing the Bitcoin market.

Offline Mrkadir85

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Re: The Coming of Green Bitcoin?
« Reply #21 on: June 02, 2021, 05:00:01 AM »
Almost everything goes on in the same way, time is managed in both directions, good and bad.  Similarly, the path of Bitcoin was very upward a few days ago. The price of Bitcoin continues to rise very fast.  But for some time, Bitcoin has lost its rhythm.  Currently the price of Bitcoin is just drifting downwards.  Of course, Bitcoin will see the light of day again and new investors will invest in Bitcoin. Bitcoin will move forward at a faster pace again.

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Re: The Coming of Green Bitcoin?
« Reply #21 on: June 02, 2021, 05:00:01 AM »


Offline pelana vreo

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Re: The Coming of Green Bitcoin?
« Reply #22 on: June 02, 2021, 05:42:06 AM »

-snip-
I have seen Bitcoin miners use solar and wind energy as energy sources by using a DC to AC inverter to supply 220v voltage.

regulations or any news from the government about the prohibition of mining for using excessive electrical energy makes the cryptocurrency industry more innovative in utilizing existing energy sources.


Offline mlawson71

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Re: The Coming of Green Bitcoin?
« Reply #23 on: June 02, 2021, 01:24:54 PM »
While it's great that some miners are doing this, the vast majority of Bitcoin is still mined in China, using coal-powered electricity. Until that changes, Bitcoin won't be green.

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Re: The Coming of Green Bitcoin?
« Reply #24 on: June 02, 2021, 01:32:52 PM »
While it's great that some miners are doing this, the vast majority of Bitcoin is still mined in China, using coal-powered electricity. Until that changes, Bitcoin won't be green.

I agree with you, but at least it is progress. Not all miners will start using green energy at the same time, but if they make the switch even slowly, I think that is good news. You have to take into account the costs, the necessary facilities and infrastructure are very expensive and also need good planning. Although it is a slow process, I am glad that there is some change.
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Offline mlawson71

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Re: The Coming of Green Bitcoin?
« Reply #25 on: June 03, 2021, 02:49:55 PM »
It's certainly some progress, but that progress will stop with the people doing this outside of China, unless Chinese miners also move in that direction. Which may also happen with time, hopefully.

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Re: The Coming of Green Bitcoin?
« Reply #26 on: June 03, 2021, 04:22:44 PM »
We have already seen that the resistance of Bitcoin has exceeded that of Bitcoin. Now Bitcoin's market is growing again. Bitcoin's market has gone bad for a while but maybe it's a good time again. I think the price of Bitcoin will rise again. If the value of Bitcoin rises again, so does the cryptocurrency of all other coins Prices will increase
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Re: The Coming of Green Bitcoin?
« Reply #27 on: June 06, 2021, 02:52:28 AM »
In other words, Bitcoin is limited in supply and I am sure that this Bitcoin can become a valuable asset in the future.
Unfortunately, the price of Bitcoin now tends to fall and many FUD scales for Bitcoin, just like Elon Musk also always creates FUD for Bitcoin. LOL
Someday it will turn green and I also still hold Bitcoin at Biannce, although only a little because I believe Bitcoin will be something very valuable in the future.
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Offline Alcor

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Re: The Coming of Green Bitcoin?
« Reply #28 on: June 07, 2021, 08:26:03 AM »
The topic of the consumption of a large amount of energy by bitcoin, as well as its consumption of carbohydrate sources, has been raised and is unlikely to disappear on its own. Now this is very important in connection with the sharp climate change, and therefore the states will gladly pick up this topic in order to criticize Bitcoin. Bitcoin really needs to do something to consume less energy, otherwise it will soon lose interest from institutional investors. In this regard, ethereum now compares favorably with bitcoin, the network of which, when updated, will dramatically reduce energy consumption. Therefore, it is predicted that ethereum can bypass bitcoin in terms of price dominance and capitalization.
« Last Edit: June 07, 2021, 08:32:41 AM by Alcor »

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Offline jonathancool220

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Re: The Coming of Green Bitcoin?
« Reply #29 on: June 14, 2021, 01:13:21 PM »
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.

 

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