Rant ********** - BTC is anti environmental, anti green - GoFuckYourself.com

mineistaken · 12-08-2017, 09:47 AM

https://digiconomist.net/bitcoin-energy-consumption

Electricity consumed per transaction (KWh) 249.00

BTC is 100% anti green. And to the shocking levels. 249 KWh per transaction

Major (Tom) · 12-08-2017, 12:40 PM

I read that. Insane how much power it uses. Majority of which is coal fired.

magneto664 · 12-08-2017, 01:06 PM

Ok all in this article is true and explains the price of bitcoin. because in reality the price is nothing but the operating cost of maintaining the network - so it is a real power energy. (ignore cost of gpus and internet access) Some day it will go down for fuck. in real.

What are your costs when you keep your money in your pocket? ZERO electric power. Even maintaining a banking system is not power-hungry as millions of computers in the world - which dig the currency and transactions. ( and to be clear most of this computers are in china)

of course, as the network grows, power consumption will rise as well as the price - like 20,000? 40,000. 60,000. maybe 100,000 but bitcoin's currency does not represent anything, no one wants to pay it and will not pay for one reason, why should I pay the currency that grows 100% during the week of the day or hour?

edit:
AntPool — 17.82%
DiscusFish/P2Pool — 16.49%
BTC China Pool — 13.74%
BW Pool — 7.68%

total over 55% all in china. (data from 2015)

Sly · 12-08-2017, 01:29 PM

Ran across this yesterday: https://arstechnica.com/tech-policy/...ion-explained/

Major (Tom) · 12-08-2017, 01:44 PM

40 amp breakers and thick ass copper and 30 miners would still pop breakers

pimpmaster9000 · 12-08-2017, 02:58 PM

120kg of co2 released in to the air per transaction...I read somewhere that it will consume more than mankind in a few years if this continues...

Impending doom!

2MuchMark · 12-08-2017, 03:46 PM

But what if I invest my millions of bitcoins into solar energy?

magneto664 · 12-08-2017, 04:13 PM

Quote:

Originally Posted by 2MuchMark

But what if I invest my millions of bitcoins into solar energy?

did you find free solar panels? on the potato field?

12-08-2017, 09:47 AM	#1
mineistaken See signature :) Industry Role: Join Date: Apr 2007 Location: ICQ 363 097 773 Posts: 29,656	********** - BTC is anti environmental, anti green https://digiconomist.net/bitcoin-energy-consumption Electricity consumed per transaction (KWh) 249.00 BTC is 100% anti green. And to the shocking levels. 249 KWh per transaction

12-08-2017, 12:40 PM	#2
Major (Tom) Anti Communist Industry Role: Join Date: Nov 2003 Location: Null Posts: 29,857	I read that. Insane how much power it uses. Majority of which is coal fired. __________________ My mother said, to get things done You'd better not mess with Major Tom

12-08-2017, 01:06 PM	#3
magneto664 God Bless You Industry Role: Join Date: Aug 2014 Location: Glasgow, $cotland Posts: 1,467	Ok all in this article is true and explains the price of bitcoin. because in reality the price is nothing but the operating cost of maintaining the network - so it is a real power energy. (ignore cost of gpus and internet access) Some day it will go down for fuck. in real. What are your costs when you keep your money in your pocket? ZERO electric power. Even maintaining a banking system is not power-hungry as millions of computers in the world - which dig the currency and transactions. ( and to be clear most of this computers are in china) of course, as the network grows, power consumption will rise as well as the price - like 20,000? 40,000. 60,000. maybe 100,000 but bitcoin's currency does not represent anything, no one wants to pay it and will not pay for one reason, why should I pay the currency that grows 100% during the week of the day or hour? edit: AntPool — 17.82% DiscusFish/P2Pool — 16.49% BTC China Pool — 13.74% BW Pool — 7.68% total over 55% all in china. (data from 2015) __________________ magneto664 📧 gmail.com Adult Backlinks 💘Best Website Stats 💘 Best CDN for Adult Content My Fav: 👍Chaturbate 👍 Stripchat 👍 Dateprofits 👍 AdultFriendFinder

12-08-2017, 01:29 PM	#4
Sly Let's do some business! Industry Role: Join Date: Sep 2004 Location: Austin, TX Posts: 31,296	Ran across this yesterday: https://arstechnica.com/tech-policy/...ion-explained/ __________________ Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted Windows VPS now available - just $50/mo Wanted: CCBill pay sites for sale

12-08-2017, 01:44 PM	#5
Major (Tom) Anti Communist Industry Role: Join Date: Nov 2003 Location: Null Posts: 29,857	40 amp breakers and thick ass copper and 30 miners would still pop breakers __________________ My mother said, to get things done You'd better not mess with Major Tom

12-08-2017, 02:58 PM	#6
pimpmaster9000 Too lazy to set a custom title Industry Role: Join Date: Dec 2011 Posts: 26,732	120kg of co2 released in to the air per transaction...I read somewhere that it will consume more than mankind in a few years if this continues... Impending doom! __________________ Report a suspicious cracker: Click Here

12-08-2017, 03:46 PM	#7
2MuchMark Videochat Solutions Industry Role: Join Date: Aug 2004 Location: Canada Posts: 48,724	But what if I invest my millions of bitcoins into solar energy? __________________ Custom Software \| Server Management \| Integration and Technology Solutions https://www.2much.net