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deci8el
Jun 2, 2021 10:22 PM

Environment Impact of BTC 

Description

Hi all, just wanted to provide the information that I've used to respond to friends and family and (mostly) co-workers about the actual comparison between BTC energy consumption and carbon footprint to that of traditional financial institutions. I don't think anyone here needs convincing, but if this helps anyone else to have the facts, I wanted to get them out there.

Rebuttal to the Bloomberg article:
coindesk.com/what-bloomberg-gets-wrong-about-bitcoins-climate-footprint

Comparison of BTC to traditional banking alone:
medium.com/@mukeat/carbon-footprint-differences-btc-vsbanks-a5f8f0b844d0

Comparing BTC to the whole traditional monetary system:
coincentral.com/what-is-the-environmental-impact-of-bitcoin-mining/
Comments
mikeree112
Looking Great.. watch out this week if bitcoin fails.. to break 40K level, or it will go down.
deci8el
@mikeree112, Thanks! And yeah... we've got our work cut out for us.... really need to turn 45k into support before I'll feel confident in the party continuing.
BurakB_
Nice chart. 👍
deci8el
@Burakb1, Thanks! lol
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