Money Talk

Bitcoin and Its Waste of Energy

Submitted by nya, , Thread ID: 102486

Thread Closed
28-09-2018, 03:45 AM
#1
Bitcoin needs a huge amount of energy in order to work, thanks to the proof-of-work algorithm. In my opinion BTC has no future if it will be using the same algorithm, since it's absolutely ridiculous how much energy the whole network consumes.
What's your opinion on this topic?

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


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RE: Bitcoin and Its Waste of Energy

#2
I completely agree its kinda stupid at this point what bitcoin has done xD

RE: Bitcoin and Its Waste of Energy

#3
Wouldn't that be an issue for any sort of crypto?
Anything you would have to mine would be taking a lot of energy

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RE: Bitcoin and Its Waste of Energy

#4
Bitcoin is the number 1 currency you need to stop hating on it please and thank you

RE: Bitcoin and Its Waste of Energy

#5
BTC only makes some stuff more expensive. I'm glad that some countries are taxing them. One way or another BTCs will die the faster the better.

RE: Bitcoin and Its Waste of Energy

#6
bitcoin, dogecoin, litecoinetc. are overrated these days. just takes too much time to do anything, + bitcoin's value has dropped significantly over the time that it's been a thing.

RE: Bitcoin and Its Waste of Energy

#7
thanks to chinesse people who mine a lot of bitcoin

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