Discover and read the best of Twitter Threads about #WhyBitcoinMining
Most recents (1)
If you’re worried about the #Bitcoin network energy usage, here are some facts to lean on…
Factually it uses <1% of global energy.
Factually it uses <1% of global energy.
As per the BlockCap report it uses much lesser than 1% of global energy, yet serving as the decentralized digital alternative to an inflationary & central banking based financial system.
Comparing national energy consumption to #Bitcoin network, the kind of energy it consumes is important to take into consideration…
Excess energy from hydro power, natural gas flares, geothermal energy. More energy is wasted in transmission losses than what’s used by Bitcoin.
Excess energy from hydro power, natural gas flares, geothermal energy. More energy is wasted in transmission losses than what’s used by Bitcoin.
