Environment Proponents Deeply Enjoy Observing Crypto Market Recession

[Goodcat49]

News of Bitcoin’s decline turned out to be positive for one particular group of people. Anti-crypto activists, who promote conservation of healthy environmental conditions, are glad to know that Bitcoin is becoming worthless and will soon disappear.

Good Riddance   
“Bitcoin is a colossal waste of energy [and] will soon be no more,” writer Ilana Strauss noted at TreeHugger. “Good riddance…We’ve known bitcoin was dropping for a while, but the nails are really going in the coffin now.”   

Strauss emphasised that she has never liked the virtual coin, as it needs to apply too much energy to mine a bitcoin. Then she commented, that last year bitcoin mining consumed more energy than 159 countries.   

Another opponent of the fintech is Jon Truby, who says that such a large amount of electricity used for mining digital currency can further sharpen the greenhouse problem and raise the level of environmental pollution. However, some people argue that all the fuss around the enormous negative effect of crypto mining is heavily exaggerated.   

Bitcoin Won’t Collapse   
“Bitcoin is here to stay, and so, future models must be designed without reliance on energy consumption so disproportionate on their economic or social benefits,” Truby commented.   

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/environment-proponents-enjoy-crypto-market-recession/

[simplex]

Another opponent of the fintech is Jon Truby, who says that such a large amount of electricity used for mining digital currency can further sharpen the greenhouse problem and raise the level of environmental pollution. However, some people argue that all the fuss around the enormous negative effect of crypto mining is heavily exaggerated.