> bitcoin generates huge amounts of pollution due to its electric demands

"The physical money we use today requires a total of 11 terawatt-hours per year to produce. Gold mining, another very labor-intensive process, requires as much as 132 terawatt-hours. These numbers make Bitcoin and its 8.27 terawatt-hours look like a science fair project."

https://themerkle.com/bitcoin-networks-electricity-consumption-is-lower-compared-to-printing-money/


On Fri, Dec 8, 2017 at 10:31 PM, g2s <g2s@riseup.net> wrote:

-------- Original message --------
From: Michael Nelson <nelson_mikel@yahoo.com>
Date: 12/8/17 6:22 PM (GMT-08:00)
Subject: Bitcoin... Destroying the planet

> The mapping between Bitcoin and energy is missing the point...

Not if the point is a dead planet.

That's ALL I care about. Cars, which you mention, are another much thornier issue because they've been made a social necessity and that will take time to undo. As with another not often acknowledged source of carbon based pollution due to humans... The factories that make damn near everything consumer industrial societies have.

But unlike those things, bitcoin generates huge amounts of pollution due to its electric demands, and, bluntly, it isn't necessary in any way shape or form.

Rr