Viewing a response to: @musing-threads/pk4xsarhw
<a href="https://musing.io/q/mealhound/does-the-environmental-cost-of-mining-bitcoin-outweigh-the-financial-gain"><b>View this question on Musing.io</b></a>
author | mealhound |
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permlink | fkq9vzghq |
category | musing-threads |
json_metadata | "{"app":"musing/1.1","appTags":["Bitcoin","environment","blockchain","cryptocurrency",""],"appCategory":"Bitcoin","appTitle":"Does the environmental cost of mining Bitcoin outweigh the financial gain?","appBody":"According to Digiconomist’s Bitcoin Energy Consumption Index, as of Monday November 20th, 2017 Bitcoin’s current estimated annual electricity consumption stands at 29.05TWh. That's more than the county of Ireland and many African nations use in a year but is it worth it? ","appDepth":1,"musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"question"}" |
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<a href="https://musing.io/q/mealhound/does-the-environmental-cost-of-mining-bitcoin-outweigh-the-financial-gain">View this answer on Musing.io</a>
author | niel96 |
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permlink | fkazyh77w |
category | musing-threads |
json_metadata | "{"app":"musing/1.1","appTags":["Bitcoin","environment","blockchain","cryptocurrency",""],"appCategory":"Bitcoin","appTitle":"Does the environmental cost of mining Bitcoin outweigh the financial gain?","appBody":"<p>The way bitcoin is generated is not very cost effective, but that's the whole point of it. Something is valuable when it's hard to get. If you would airdrop bitcoins on people and make the total supply more then you just devalue the currency. </p>\n<p><br></p>","appDepth":2,"appParentPermlink":"fkq9vzghq","appParentAuthor":"mealhound","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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