The Russian Energy Giant Mining Bitcoin With Virtually Free Energy

Discussion in 'Crypto Assets' started by SteveM, Jan 6, 2021.

  1. SunTrader

    SunTrader

    True but the amount of gold in electronics compared to the amount of gold in vaults paaaaaaaaaaaales in comparison and the resultant damage to the planet.
     
    #21     Jan 7, 2021
    johnarb likes this.
  2. virtusa

    virtusa

    The US is the second biggest polluting country in the world, after China.
    There is an endless list of things that pollute the world and that should be banned.
    Cryptos have no essential value at all for life. They use energy just for speculation. For 99% of the population banning cryptos would have zero negative impact on their life. It would just save a lot of wasted energy.
     
    #22     Jan 8, 2021
    tsgiannis likes this.
  3. tsgiannis

    tsgiannis

    The damage will not take long to make everyone regret...the big boys will have some little more time but eventually everyone will suffer
     
    #23     Jan 8, 2021
  4. SunTrader

    SunTrader

    Agree. The rest was nonsense.
     
    #24     Jan 8, 2021
  5. Pekelo

    Pekelo

    I would like to point out that there is really no such a thing as free energy. Why? Because that energy wasted on cryptos could be sold on the markets and get good old fashioned cash for it.

    Thus it is a wasted opportunity at minimum, and you have to account for it as such.
     
    #25     Jan 8, 2021
  6. Fx-Game

    Fx-Game

    the ones destroying the planet, its citizens & their trust into the financial system, are the central banks, that take all money sovereignitiy away from them and practice 'modern money theory' by printing cash to a level, that is insane.
    Btw, making the rich even more wealthier, without them to take any risks.

    central bank fans do not like btc,
    as it is a community coin, that cannot be faked, and which is Totally decentralized.

    Wasting energy?
    There are many things that energy is being wasted for, indeed.

    But when it comes to your money, and a way to save its value, energy that goes for btc transactions is nothing compared to real useless stuff.
     
    #26     Jan 15, 2021
    johnarb likes this.
  7. tsgiannis

    tsgiannis

    The equivelant of the energy for a country of 200m :https://www.marketwatch.com/story/a...y-of-more-than-200-million-people-11609244670
    is not a small deal....and while plenty of people will say ... "OK" ...try to say it again when you have a storm that shouldn't exist or a big flood or .... a lot.
     
    #27     Jan 15, 2021
    d08 likes this.
  8. johnarb

    johnarb

     
    #28     Feb 6, 2021