Tag: bitcoins

plantanarchy:

bogleech:

apairofsweatpants:

comcastkills:

coolermudkip:

comcastkills:

I never thought about bitcoins contributing to climate change. That’s actually really bad. How’d you fuck up your idea of cryptocurrency that badly

What

Bitcoin mining uses a ton of electricity

https://motherboard.vice.com/en_us/article/ywbbpm/bitcoin-mining-electricity-consumption-ethereum-energy-climate-change

currently, bitcoin mining around the world consumes as much electricity as the entire country of Ireland. and in less than a year that consumption will grow exponentially to equal that of the entire United States. and then soon after it will nearly double the entire planets consumption of electricity. cryptocurrency is like pouring gallons of gasoline onto a hellfire – the more crazed people get about obtaining it, the faster we utterly destroy the climate.

Yeah and never mind the fact that it REPRESENTS NOTHING. It isn’t representative of any actual resource of any amount of productive, useful work, it’s just fucking made up like video game money.

Everything about it is asinine and terrible.

WHAT THE FUCK IS A BITCOIN