Our counter narrative about Bitcoins energy usage is extremely flawed. We need do acknowledge the problems and work on solutions.
5y ago•
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Everyone here screams "Gold is worse! Look how mining gold is bad for the environment!" but people forget that you need a shit ton of Hardware build with RARE EARTH MINERALS LIKE GOLD to mine Bitcoin.
Even if you mine Bitcoin with 100% clean energy, you still need a massive amount of Hardware and you need to update it every couple years because it gets harder to mine! This is a massive problem of Bitcoins Proof of Work system and ignoring it will not make it go away.
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5y ago•
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