Bitcoin Using more Energy then many Countries

[BitMart 326]

Now Bitcoin is facing another challenge from Climate Change Commission that its using more energy then many countries which is big danger for this earth. Its well established that a Bitcoin is required a huge amount of Electercity used by miners around the world running the hardware necessary for maintain the network and validate the payments. What is your thoughts about this issue.

[Gafar 63]

Yes, bitcoin needs a lot of electricity, but not to the point that it cares about it, because it needs a lot of electricity because there is not a lot in the world who mining bitcoin.

[phpMailz 568]

Yeah bitcoin mining is using more energy than many small nations on the planet, the energy require now to keeping the bitcoin network hashing power constant is too high, many environmentalist are starting to complain about the impact of bitcoin on the planet environment.

[Kauvincx 18]

You also have to highlight the projects that introduce eco friendly alternatives to mining bitcoin, such as HydroMiner by using hydroelectric power, or Arc Iris which plans to introduce hydrogen mining.

[Gafar 63]

I do not think that the electricity spent by Takween is not so much and it cannot be fought with Takween, because it needs electricity. There are a lot of other things that are spent as experts as much as it is spent in training.

[Nakamoto 279]

On 1/28/2020 at 1:13 AM, BitMart said:

Now Bitcoin is facing another challenge from Climate Change Commission that its using more energy then many countries which is big danger for this earth. Its well established that a Bitcoin is required a huge amount of Electercity used by miners around the world running the hardware necessary for maintain the network and validate the payments. What is your thoughts about this issue.

Where is the source of this news? I try to search it but can't find it ?

[Gafar 63]

I do not think that is a convincing reason to fight Bitcoin. It is an unconvincing reason to do with training, which normally distributes electricity and does not really affect the world. This is very absurd.

[shafi123 187]

Yes it is almost discuss above mining requird more electricity. Bit coin consumer used more energy so its need not fullfil .

[Honny143 13612]

I think this not correct reason to hate bitcoin so many big industries consume more electricity but we can't blame this industries but why in bitcoin mining all knows bitcoin mining need more electricity energy but we have other options also available like solar energy it's cheap and eco friendly energy to use in bitcoin mining

[BTC Future 3946]

On 1/27/2020 at 8:13 PM, BitMart said:

Now Bitcoin is facing another challenge from Climate Change Commission that its using more energy then many countries which is big danger for this earth. Its well established that a Bitcoin is required a huge amount of Electercity used by miners around the world running the hardware necessary for maintain the network and validate the payments. What is your thoughts about this issue.

There are laws on pollution levels that are applied in every country. Environmental issues should not be dismissed by Bitcoiners as it is important for populations to be able to live in healthy environments and the carbon footprint of Bitcoin is having an effect, but because of the decentralization of mining it is not observable immediately. There are reports that in China most of mining activity is happening with the use of renewable energy, as China has invested heavily in dams and solar panels. Probably not an issue yet in my opinion.

[Migo 7946]

Yes of course, especially in mining, one of the most hard required things is energy power, where we need to provide it with no stop at all, if we want to have a successful mining operation, powerful equipments are not enough without energy power, mining is profitable but he requires a lot too

[alexisfuentes 2130]

It is a fallacy, this really is not so. There is a high consumption if it is true, but to say that Bitcoin consumes as much energy as a country, is absolutely not knowing about the subject.

 

There are fewer and fewer professional miners, that is, enthusiasts who use old and obsolete equipment. But not even with all the mining equipment in China or Finland is consumption levels achieved at the same time as countries.

 

 

[Goody28 259]

How can a coin use more energy than many countries I don't think that it is actually possible bitcoins can't actually use that much electricity for mining well I don't know if mining consumes more electricity

[kare 105]

On 1/27/2020 at 7:13 PM, BitMart said:

Now Bitcoin is facing another challenge from Climate Change Commission that its using more energy then many countries which is big danger for this earth. Its well established that a Bitcoin is required a huge amount of Electercity used by miners around the world running the hardware necessary for maintain the network and validate the payments. What is your thoughts about this issue.

You need to know that at any point in time all the challenges bitcoin has face will only be overcome after some time be cause nothing or no one can stop the future.

[Syedbesharat 5423]

On 1/27/2020 at 11:13 PM, BitMart said:

Now Bitcoin is facing another challenge from Climate Change Commission that its using more energy then many countries which is big danger for this earth. Its well established that a Bitcoin is required a huge amount of Electercity used by miners around the world running the hardware necessary for maintain the network and validate the payments. What is your thoughts about this issue.

BTC mining consume big amount of electricity but The value of BTC worth it.We need come friendly environment  GPU which use low.energy and give good hash rate for mining .

[amara123123 76]

Bitcoin if uses much energy then it's gave much money for it's so many small countries that is why they used only small energy but btc used all over the world.  

[Popedee 377]

On 1/27/2020 at 7:13 PM, BitMart said:

Now Bitcoin is facing another challenge from Climate Change Commission that its using more energy then many countries which is big danger for this earth. Its well established that a Bitcoin is required a huge amount of Electercity used by miners around the world running the hardware necessary for maintain the network and validate the payments. What is your thoughts about this issue.

My thoughts is that Bitcoin mining farms can go green energy but spring an environmental friendly energy source for Bitcoin mining. This will help the miners and also protect the environment

[wijont 101]

bitcoin desires a lot of strength, but now not to the point that it cares approximately it, as it needs a number of strength because there isn't lots inside the international who mining bitcoin.

[khan22 3478]

On 1/28/2020 at 2:37 AM, Gafar said:

Yes, bitcoin needs a lot of electricity, but not to the point that it cares about it, because it needs a lot of electricity because there is not a lot in the world who mining bitcoin.

It is true that the BTC is need so much electricity at the mining time becasue the mining processors will need the high voltage and that voltage is a regular which will help to run the machine and the BTC will generate automatically.

[Shaza Ahmad 1682]

I think that the problem of electricity consumption is not a problem for many countries, now many developed countries have a surplus of electricity so why do we not take advantage of this surplus and support the Bitcoin industry and cryptocurrencies.

[Ionescu 115]

Bitcoin uses more energy that some of the countries because bitcoin market cap is actually worth more than those countries. So it is kind of logical to use more energy when it brings more money 

[babaji 1228]

On 1/27/2020 at 11:43 PM, BitMart said:

What is your thoughts about this issue.

Well there are many mining companies that has shifted to green energy to meet their energy requirements. Ofcourse bitcoin needs a lot of energy, and there is no other way round. But altcoins are all shifting and changing their protocol to POS, proof of staking, which reduces the energy cost and increases the effectiveness of blockchain. 

[jacker 1095]

I don't think bitcoin consumes much energy, bitcoin is more valuable than that, I like it and I'm using it, I invest and mine bitcoins, the energy in my country is not too expensive, so it's good to mine. .

[Upright 2688]

Yes, indeed Bitcoin uses great amount of electricity, when talking of miners, especially when mining machines needs to be running round the clock and the Amount of this machines might vary as there are farm miners and individual miners

[Rickso 768]

On 1/27/2020 at 7:13 PM, BitMart said:

Now Bitcoin is facing another challenge from Climate Change Commission that its using more energy then many countries which is big danger for this earth. Its well established that a Bitcoin is required a huge amount of Electercity used by miners around the world running the hardware necessary for maintain the network and validate the payments. What is your thoughts about this issue.

bitcoin mining consumption is nothing compared to other industries so... it consume a lot of energy, with this i agree with you, but, if you look all the stats, you will see that it is not that much