News about Bitcoin

More / Bitcoin Reddit - 2 years ago

To the non-bitcoin people out there who think bitcoin mining is boiling the oceans: watching videos online produces 6x more carbon than the Bitcoin blockchain. Bitcoin mining will increase demand for renewables and eventually the renewables will cycle to

TL;DR - The video streaming industry has a much larger carbon footprint than the Bitcoin blockchain. This isn't what-about-ism. As much as 60% of America's produced energy on the grid is wasted or unused. The future of mining could find renewable ene...

More / Bitcoin Reddit - 2 years ago

To the non-bitcoin people out there who think bitcoin mining is boiling the oceans: watching videos online produces 6x more carbon than the Bitcoin blockchain. Bitcoin mining will increase demand for renewables and eventually the renewables will cycle to

TL;DR - The video streaming industry has a much larger carbon footprint than the Bitcoin blockchain. This isn't what-about-ism. As much as 60% of America's produced energy on the grid is wasted or unused. The future of mining could find renewable ene...

More / Bitcoin Reddit - 2 years ago

To the non-bitcoin people out there who think bitcoin mining is boiling the oceans: watching videos online produces 6x more carbon than the Bitcoin blockchain. Bitcoin mining will increase demand for renewables and eventually the renewables will cycle to

TL;DR - The video streaming industry has a much larger carbon footprint than the Bitcoin blockchain. This isn't what-about-ism. As much as 60% of America's produced energy on the grid is wasted or unused. The future of mining could find renewable ene...

More / Bitcoin Reddit - 2 years ago

To the non-bitcoin people out there who think bitcoin mining is boiling the oceans: watching videos online produces 6x more carbon than the Bitcoin blockchain. Bitcoin mining will increase demand for renewables and eventually the renewables will cycle to

TL;DR - The video streaming industry has a much larger carbon footprint than the Bitcoin blockchain. This isn't what-about-ism. As much as 60% of America's produced energy on the grid is wasted or unused. The future of mining could find renewable ene...

More / Bitcoin Reddit - 2 years ago

To the non-bitcoin people out there who think bitcoin mining is boiling the oceans: watching videos online produces 6x more carbon than the Bitcoin blockchain. Bitcoin mining will increase demand for renewables and eventually the renewables will cycle to

TL;DR - The video streaming industry has a much larger carbon footprint than the Bitcoin blockchain. This isn't what-about-ism. As much as 60% of America's produced energy on the grid is wasted or unused. The future of mining could find renewable ene...

More / Bitcoin Reddit - 2 years ago

To the non-bitcoin people out there who think bitcoin mining is boiling the oceans: watching videos online produces 6x more carbon than the Bitcoin blockchain. Bitcoin mining will increase demand for renewables and eventually the renewables will cycle to

TL;DR - The video streaming industry has a much larger carbon footprint than the Bitcoin blockchain. This isn't what-about-ism. As much as 60% of America's produced energy on the grid is wasted or unused. The future of mining could find renewable ene...

More / Bitcoin Reddit - 2 years ago

Should I buy a whole Bitcoin?

I’ve finally stacked enough liquid cash to start some serious investing and Bitcoin is on my hit list. The market is down and the timing seems perfect but for some reason I’ve gone chicken shit and can’t pull the trigger.Should I buy a whole Bitcoin...

More / Bitcoin Reddit - 2 years ago

Where Bitcoin has been googled the most?

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company,...

More / Bitcoin Reddit - 2 years ago

If Bitcoin were a nation...

Bitcoin's average price over the last 12 months is ~$38,800. Bitcoin creates ~330,000 new bitcoin each year, worth ~$12.8 billion over the past 12 months.If Bitcoin were a nation, and new bitcoin were its GDP, then Bitcoin is at #126, pushing down M...

More / Bitcoin Reddit - 2 years ago

Companies that hold Bitcoin????

Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company,...

More / Bitcoin Reddit - 2 years ago

The Environmental Case for Bitcoin

With so much vitriol spouted against bitcoin for its energy usage, I wrote an article on why I feel these criticisms are short-sighted and misinformed. As an environmentalist, I decided to write on why I feel bitcoin is a much better and more energy...