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1
anonymous
2018 Feb 12, 6:37am
Nuclear bombs are bad for the environment, cars are bad for the environment, humans are bad for the environment. Just build giant solar powered mining plants in the desert.
2
Onvacation
2018 Feb 12, 7:42am
Onvacation
2018 Feb 12, 7:42am
ohomen171 says
As if a private fiat currency is better than a military backed fiat currency.
Some say the environmental footprint is worth it to create a new financial system free from the influence of traditional financial players,
As if a private fiat currency is better than a military backed fiat currency.
3
Onvacation
2018 Feb 12, 7:43am
Onvacation
2018 Feb 12, 7:43am
anon_3a1a3 says
Because that is environmentally friendly?
Just build giant solar powered mining plants in the desert.
Because that is environmentally friendly?
4
FortWayne
2018 Feb 12, 7:47am
FortWayne
2018 Feb 12, 7:47am
Fake made up money, making their inventors rich at the expense of the buyers.
Anyone want fortwayne coins while at it?
Anyone want fortwayne coins while at it?
5
MisdemeanorRebel
2018 Feb 13, 11:52am
MisdemeanorRebel
2018 Feb 13, 11:52am
Lost half its value in days.
But still better than FIAT CURRENCY!!! Buy on the dips!!!
But still better than FIAT CURRENCY!!! Buy on the dips!!!
6
anonymous
2018 Feb 13, 1:52pm
Exactly! Hope it’s drops some MOAR, need to buy moar coins on the cheap before they explode again!
TwoScoopsPlissken says
TwoScoopsPlissken says
Lost half its value in days.
But still better than FIAT CURRENCY!!! Buy on the dips!!!
Bitcoin mania has reached fever pitch as its value ebbs and flows with the debate over its future in global markets.
But for all the headlines, Bitcoin and other cryptocurrencies are bad news for the environment, the New York Times reported.
Creating just one Bitcoin requires tremendous amounts of computing power – and as much electricity as the average American household uses in two years, according to figures from Morgan Stanley.
All of the computers connected to the Bitcoin network consume as much power each day as some medium-sized countries – and Bitcoin is just one of many cryptocurrencies.
It’s due to a complex algorithm needed to create cryptocurrencies, the answer to which requires lots of guesswork by computers and, consequently, lots of electricity.
That’s why cryptocurrency server farms have popped up near geothermal and hydroelectric power plants around the globe, CNBC reported.
Some say the environmental footprint is worth it to create a new financial system free from the influence of traditional financial players, but others are calling for green solutions.
“I would personally feel very unhappy if my main contribution to the world was adding Cyprus’s worth of electricity consumption to global warming,” Vitalik Buterin, the creator of Bitcoin competitor Ethereum, told the New York Times.