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Daily Mail spreading FUD: How Bitcoin is eating the Earth: Computers creating ‘worthless’ cryptocurrency drive global warming as they use vastly more electricity than all the internet giants combined

Daily Mail spreading FUD: How Bitcoin is eating the Earth: Computers creating ‘worthless’ cryptocurrency drive global warming as they use vastly more electricity than all the internet giants combined



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24 Comments

  1. They don’t want you to buy into it. Simple. They want you to be afraid so that you don’t try and do better for yourself by making more money in a slightly unconventional manner

  2. I feel like they just say dumb shit for clicks. But not *too* dumb so they can still be taken seriously and get a positive reception from people who don’t know any better.

  3. Microsoft has probably used more energy and resources than bitcoin ever will. He can stfu and sit down now.

    Edit: I shouldn’t have said “ever will”. Microsoft is working to become carbon negative and btc relies on its users to be more green.

  4. How much electricity does it take to run banks and store and protect gold. And when did Wall Street and the rest of the fuckeries cared about the climate? When it starts to dwindle away at their fiat?? Next they will say that the titanic is a wonderful winter exposition that we should all embark on

  5. I live in a tourist area and before the pandemic it was impossible to breathe clean air. The pollution from airplanes, buses, cars and cruise ships is enormous.

    And this type of pollution has a very direct impact on people’s health, a very high % of children in Barcelona currently have asthma due to pollution. And I still haven’t seen any negative articles about the tourism industry or that it had to be banned to avoid global warming.

  6. tldr; Bitcoin’s energy consumption reached a record high of 130.90 terawatt hours (TWh) on March 2, according to data from the Cambridge Bitcoin Electricity Consumption Index (CBECI), surpassing that of Apple, Facebook, Microsoft and Google combined. On March 13, Bitcoin was using 130.9 TWh (annualised). The UK’s electricity consumption is slightly more than 300 TWh

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  7. My advice: whenever you see or hear this, comment and reply with “gold mining needs more energy and traditional finance even more” and if you’re into alt coins, you can talk about proof-of-stake or DAG cryptos, which need even less than a VISA transaction.

    It takes time to educate people but that’s our job as crypto enthusiasts.

  8. Coinage change is natural, science shows humans have an insignificant impact on it.

    Also even if we did, warming periods are prosperous times for all life on earth.

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