Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Goodcat49 on August 23, 2018, 04:50:55 PM
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Energy Researcher: Bitcoin Energy Crisis is a Red Herring, BTC Not a 'Bad Guy'
The amount of power consumed by Bitcoin mining isn't the world environmental crisis it is usually made out to be. This is according to the professional assessment carried out by Katrina Kelly-Pitou, who is a research associate in computer and electrical engineering at the University of Pittsburgh.
Katrina censures the characterisation of Bitcoin mining's power consumption as some kind of necessary design flaw, indicating that the prevailing narrative surrounding crypto as an environmental risk is a gross oversimplification that motivates the wide dissemination of factual inaccuracies as obtained wisdom.
The amount of power consumed by Bitcoin mining isn't the world environmental crisis it is usually made out to be. This is according to the professional assessment carried out by Katrina Kelly-Pitou, who is a research associate in computer and electrical engineering at the University of Pittsburgh.
According to the article she wrote in The Conversation, a media outlet, Katrina censures the characterisation of Bitcoin mining's power consumption as some kind of necessary design flaw, indicating that the prevailing narrative surrounding crypto as an environmental risk is a gross oversimplification that motivates the wide dissemination of factual inaccuracies as obtained wisdom.
“I am a researcher who studies clean energy technology, specifically the transition toward decarbonized energy systems…New technologies – such as data centers, computers and before them trains, planes and automobiles – are often energy-intensive. Over time, all of these have become more efficient, a natural progression of any technology: Saving energy equates to saving costs,” Katrina said.
At a moment when reactions to the future of Bitcoin mining are governed by statistics like the point that it consumes the electricity equivalent to that of the Republic of Ireland, Katrina strongly believes that to bind the conversation to the power consumption of Bitcoin mining in particular is to miss the naked truth of environmental and energy issues.
According to Katrina, the use of renewable energy allows for high electricity consumption for any purpose. The conversation should perhaps be focused around where the electricity utilized to power crypto mining originates from and how it is produced.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/bitcoin-energy-crisis-is-red-herring/
(https://coinidol.com/upload/resize_cache/iblock/e1b/900_900_1/e1ba3df4c15078bedf61a4d5327d53d0.png)