jm + ecology   1

Bitcoin must die
If Bitcoin were to cease trading tomorrow, 0.5% of the world’s electricity demand would simply disappear. This is roughly equivalent to the output of ten coal-fired power plants, emitting 50 million tonnes of CO2 per year – which would cover one year’s worth of the carbon emission cuts required to limit temperature rises this century to 2C. It is not a solution by itself, but it would be a good year’s work. Bitcoin is made from ashes, and if ashes were legal tender, humanity would burn everything in sight and call it progress.
environment  bitcoin  ecology  future  earth  cryptocurrencies  pow  electricity  climate-change 
4 weeks ago by jm

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