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I’m thinking about selling later this year to donate to a reforestation project, if not donating BTC directly to a reforestation project. Do you guys have any recommendations?

I’m new to this, so I would like to know what charities or reforestation projects there are that do all of these things. I personally think that by making this move we are sending a message to the people who are still misled by bitcoin’s carbon footprint, which, I might add, is much smaller than the entire video-streaming industry’s carbon footprint.

I’m wondering if we can make this a community movement?

If we take this article at face value, which I believe is somewhat disingenuous, then mining 1 bitcoin creates 191 tonnes of CO2:

Comparing the Carbon Footprint of Gold and Bitcoin

And if we take this article at face value, then 6 trees offsets one tonne of CO2:

Reduce your carbon footprint by Planting a tree

I’ve seen some websites that state 1 tree can be planted for 2 dollars. If all of the above is true and you own 1 bitcoin, then you would be looking at spending $2 x 191 x 6, or $2,292 USD to offset the carbon footprint that it took to make that 1 bitcoin.

I’m willing to do that and a little more. I do drive a car, and I do plenty of things that leave me carbon-positive.



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20 Comments

  1. Glad to hear you are planting trees. But the idea that you should because BTC generates CO2 during mining is not your problem nor is it the BTC communities.

    For years governments have listened to fear mongering against nuclear energy and have restricted development and therefore research. It’s not my fault energy production continues to be as carbon positive as it is. It is directly related to short sighted energy policy and control freaks who would prefer I die than use the requisite amount of energy to live and thrive.

    Bitcoin is not meant to be the solution to the current systems infrastructure of indulgences, i.e. Catholic Church/Tax Policy/GND.

  2. World Land Trust is probably the most reputable charity doing what you’re looking for: https://www.worldlandtrust.org/ . As well as planting trees they also buy forest to protect it and employ local people as rangers to protect it. They’ve been supported by David Attenborough since they started (in 1989) and have bought almost 2.4 million acres of rainforest to protect.

    I completely agree that it’s worth offsetting your emissions, it’s not very expensive when you compare it to the sort of gains we’re making and it provides a counter narrative to the environmental objections to hashing. Perhaps most importantly it means that even if everything goes to shit in the future when agriculture collapses and we’re eating rats and roaches, we’ll be able to moan about it without being hypocritical because it won’t have been our fault!

  3. thats great to plant trees and also maybe donate to protesters that are trying to stop or slow down the massacre of trees going on right now worldwide like brazil the lungs of the earth they say

  4. several people have pointed out that preserving trees is a better option, I wholeheartedly agree. So in that spirit for every 10th of a bitcoin you sent me I won’t cut down 10 trees I say this is a win-win.

  5. If you can spend dollars, spend dollars. Bitcoin should be at the bottom of your pocket, so to speak. Spend/give bitcoin if you have no more dollars, or if it is cheaper or more convenient to do so.

  6. Teamtrees.org

    They still take donations and they are still planting trees. I believe they work with the arbor day foundation. I have been donating a small amount every year since it started and will continue to do so. This year they also started TeamSeas to help clean plastics from the oceans.

    # #TeamTrees #TeamSeas

  7. **Invest in Bitcoin mining on renewable energy.**

    Why throw your money away into making an unprofitable reserve of land which can only end up being sold in the future when it invariably goes broke? What kind of plan is it to just buy land in some jurisdiction somewhere and leave it idle? What legal protections will it have? Who pays the states rent seeking?

    The only way we fix the globe is through investing in profitable business which uses resources like an ecosystem, ones which consumes and profits from all waste.

    > I personally think that by making this move we are sending a message to the people who are still misled by bitcoin’s carbon footprint

    You are mistaken. If it sends any message at all, it sends the message that Bitcoin mining requires offsetting with buying land and temporarily banking it.

    > I might add, is much smaller than the entire video-streaming industry’s carbon footprint.

    Irrelevant.

    > I’m wondering if we can make this a community movement?

    Why?

    > And if we take this article at face value, then 6 trees offsets one tonne of CO2:

    How often are you going to harvest the trees and replace them with new ones?

    > If all of the above is true

    It’s not.

    > then you would be looking at spending $2 x 191 x 6, or $2,292 USD to offset the carbon footprint that it took to make that 1 bitcoin.

    If Bitcoin required offsetting then you just proved it’s unsustainable and dirty.

    Truth is Bitcoin does not require offsetting. It contains it’s own economic incentives towards clean energy generation or waste energy consumption.

  8. thats the dumbest image ive ever seen. the idea that bitcoin produce CO2 like the whole network was operating on coal is quite simply stupid. vast majority of bitcoin is mined on hydro, nuclear or solar, and last i checked those are not producing any co2. people really need to chill out, especially when arguing with numbers pulled out of their asses.

    itd almost be a better argument to claim btc contributes to global warming because each asic pulls a couple thousand watts. and thatd be just as dumb a statement.

  9. Yikes. Tree planting is not the eco friendly thing you think it is.
    In most instances, it is a cog in a dysfunctional unsustainable logging industry. Also, $2 per tree is ridiculous. A planter only makes 10-40c per tree. Add overhead and seedling cost and I dont see it anywhere near $2… someone is pocketing something

    ( i was a tree planter and planted hundreds of thousands of ttees)

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