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FACT CHECK!! Bitcoin Mining Emissions: Why It’s FUD!



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โ–บ About Coinshares:
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โ–บ Coinshares Bitcoin Mining Report:

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– TIMESTAMPS –
0:00 Intro
1:38 About The Report
3:32 Introduction
5:19 Methodology
9:05 Outcomes
12:15 Vitality Sources Of Bitcoin Mining
14:17 Dialogue
17:06 Conclusion
19:54 Outro

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๐Ÿ“œ Disclaimer ๐Ÿ“œ

The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who shouldn’t be a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable danger of loss. The speaker doesn’t assure any explicit end result.

#Bitcoin #BTC #Mining #FUD #Surroundings #crypto

Source: Coin Bureau

36 Responses

  1. Doesn't matter how green the energy is for PoW mining, it's still 'wasted' energy. Turning a bunch electricity into heat just to win a lottery is not a useful way to spend that energy. All that energy could be going to real work instead. PoW was a great idea in 2008 but since then we've invented better systems. PoW is now outdated and should be replaced. PoW is the steam engine of cryptocurrency.

  2. If you believe CO2/CatrastrophicAnthropogenicGlobalWarming you have been psy-op'd by WEF types who want economic control over every energetic and economic exchange in the world. CO2 is plant food. Thin old trees, plant fast growing young trees. Everyone wins, by Rothschilds-Gates-Rockefeller types don't get their pop.reduction NWO

  3. Freaking global warming. People think this because they are told, by the guy who sells carbon credits and makes millions mind you, that there is global warming. I am old enough to remember the research and how they did their testing and metering and it is a joke if you know the real facts behind. And no one has been able to tell me how the temps on Venus and Mars has been going up as well IF it is man made.. people love to believe the bad and negative regardless of research. And the governments love to say "here is a/the problem, and I/we are not solution. Vote for me and give me millions."

  4. Let's assume Bitcoin mining uses 200x the energy of all forms of transportation on the planet.

    Who gives a shit? The problem has never been the energy USED, it's where the energy COMES FROM.

  5. Great video!. One point though, I dont really believe that increased mining efficiency in the future will reduce energy usage. Instead I think this will incentivise mining companies to just buy new mining gear to increase their hashpower. Probably leaving some of the older gear no longer profitable, becoming e-waste.

  6. I have never understood this argument against Crypto. How much power do the current payment and banking systems require, including their outlets? Why has this never been used as an argument against the current system?

  7. One issue that I never see mentioned by either side. Total hashrate has a direct relationship to coin value (due to block rewards for the meaningful future, and excluding halvings and inertial effects for brevity) therefore, very roughly, if value per coin goes up 10x, energy consumption also goes up 10x. I'm delighted by this report. But I'm waiting for the independent analyses once the models and data are open-sourced.

  8. I always wonder why the same scrutiny isn't applied to other compute heavy enterprises, such as streaming, social networks, online retailers, and SaaS providers, who use orders of magnitude more equipment.

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