RATE Group | Green Energy Bitcoin Mining Will Have ‘Insignificant Environmental Impact’
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Green Energy Bitcoin Mining Will Have ‘Insignificant Environmental Impact’

25 Sep Green Energy Bitcoin Mining Will Have ‘Insignificant Environmental Impact’

Posted at 01:23h in Bitcoin News by

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solar power

As the Bitcoin network grows, so too does the concern around its environmental impact, and with good reason. Bitcoin consumes more electricity than the entire island of Ireland, and that power consumption is set to steadily rise in the coming years. Beyond the electricity required to run the network, there are the materials required to make ASIC miners and GPUs as well as air conditioning, etc.

So what does this mean for planet Earth? Is Bitcoin a godsend or an environmental disaster?

The person with all the answers is Hass McCook, a civil engineer as well as a Bitcoin researcher and advocate who has done the deepest investigation into Bitcoin’s energy requirements that’s ever been carried out. His recent 39-page report which was continued from his 2014 research which revealed the following findings:

 

 

McCook’s new 39-page report is a thorough exploration of the subject matter with updated info. He also has a ten-part Youtube series explaining his findings.

McCook…

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