Researcher Claims Bitcoin's High Energy Consumption Is an 'Oversimplified' Argument

Fibo Quantum


Bitcoin

Researcher Claims Bitcoin's High Energy Consumption Is An 'Oversimplified' Argument

Researcher Claims Bitcoin’s High Energy Consumption Is an ‘Oversimplified’ Argument

Researcher Claims Bitcoin's High Energy Consumption Is An 'Oversimplified' Argument



View Reddit by Ichi_MokuMView Source

Researcher Claims Bitcoin's High Energy Consumption Is An 'Oversimplified' Argument

Researcher Claims Bitcoin's High Energy Consumption Is An 'Oversimplified' Argument
Researcher Claims Bitcoin's High Energy Consumption Is An 'Oversimplified' Argument
Researcher Claims Bitcoin's High Energy Consumption Is An 'Oversimplified' Argument

About The Author

You might be interested in

Comment (6)

  1. It has been my experience that most of the people who bring up Bitcoin’s energy usage really don’t give a fuck about the Earth’s environment, they only want to attack Bitcoin somehow.

    ​

    Those people really seem to be saying, “I’m deep in debt. I can’t get by, month-to-month, without going deeper into debt. I have **no savings** to protect from inflation or confiscation. Since I can’t take out a 30 year mortgage to buy Bitcoin, I don’t have to fear missing out – I know I’m missing out on the opportunity of a lifetime. **I’m jealous; I hate Bitcoin because I can’t have any; I hate you because you probably have some and are doing well.**” Something to that effect.

    View Comment
  2. It’s been repeatedly mentioned that the comparable amount of energy banks use to heat and cool their buildings and utilize their computers etc etc etc is magnitudes higher in power consumption than bitcoin consumes for the same effect of trade and exchange.

    View Comment
  3. There is a lot of details to cover, but Bitcoin beats the fiat system, when it comes to low energy usage:

    https://old.reddit.com/r/Bitcoin/comments/27d61k/electricity_consumption_bitcoin_mining_vs_the/

    View Comment

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

Researcher Claims Bitcoin's High Energy Consumption Is an 'Oversimplified' Argument

Stop, wait one minute!

You Win absolutely free of charge unique software which will increase probability of your profitable tradings up to 85%. This system costs 297$ and this free offer is limited!

Thank's for subscription! Please check your email and download the software!