Is Bitcoin Bad For The Environment?

Republished By Plato

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There is a lot of FUD about Bitcoin being bad for the environment. What is the truth? Should we be “mining” Bitcoin? Let’s take a look at some of the current ways that Bitcoin is being mined and the extremely clever ways that Bitcoin mining operations are using “stranded” energy in the form of natural gas and methane to mine bitcoin.

News and Links

https://www.nature.com/articles/d41586-018-07283-3

https://www.npr.org/2022/07/21/1112689091/bitcoin-tesla-selloff

https://www.cnbc.com/2022/07/21/former-coinbase-manager-and-two-others-charged-in-insider-trading-plot.html

https://decrypt.co/105693/sec-coinbase-lists-nine-crypto-tokens-securities

https://www.whatbitcoindid.com/podcast/turning-garbage-into-bitcoin

https://vespene.energy

https://www.thecoinrepublic.com/2022/05/01/bitcoin-mining-to-reduce-methane-emissions-by-2030-heres-how

https://batcoinz.com/quantifying-the-potential-impact-of-bitcoin-mining-on-global-methane-emissions-4

https://bitcoinmagazine.com/business/bitcoin-mining-can-prevent-climate-change

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I can be reached by email at mcintosh@genwealthcrypto.com and on twitter at @McIntoshFinTech. My mastodon handle is @mcintosh@podcastindex.social. Looking forward to hearing from you!

Website

https://genwealthcrypto.com

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