dsbatten on Nostr: This is a truth-pump I often use for people who have swallowed misinformation on ...
This is a truth-pump I often use for people who have swallowed misinformation on Bitcoin’s environmental impact from GreenpeaceUSA and friends
Did you know that bitcoin mining is the highest user of sustainable energy in the world? (53%)
Did you know that every year it uses 6.2% more sustainable energy?
Did you know that when it comes to measuring environmental impact - energy consumption is a misleading metric (because if the consumer of energy uses a lot of renewable energy and is flexible enough to use green energy that would have been wasted, more energy use actually helps with the renewable transition). The right metric is emissions?
Did you know that Bitcoin, like eVs is fully electrified so has no scope1 emissions ?
Sis you know that most of the mainstream news articles published on bitcoin’s environmental impact this year have been positive write ups? (Including one environmental magazine)?
Did you know there are a growing number of environmentalists, climate activists and climatetech investors who are backing bitcoin because of its unique ability to help reduce methane emissions from landfills, find a home for new renewable energy on the grid and then stabilise the intermittency of those renewable sources?
And most importantly did you know that if Bitcoin used proof of stake, it would not be able to offer any of these environmental benefits?
Bitcoin is like solar in the 90s. Some environmentalists are against it because of its past footprint but a growing number of environmentalists are in favor of it because of its future
Did you know that bitcoin mining is the highest user of sustainable energy in the world? (53%)
Did you know that every year it uses 6.2% more sustainable energy?
Did you know that when it comes to measuring environmental impact - energy consumption is a misleading metric (because if the consumer of energy uses a lot of renewable energy and is flexible enough to use green energy that would have been wasted, more energy use actually helps with the renewable transition). The right metric is emissions?
Did you know that Bitcoin, like eVs is fully electrified so has no scope1 emissions ?
Sis you know that most of the mainstream news articles published on bitcoin’s environmental impact this year have been positive write ups? (Including one environmental magazine)?
Did you know there are a growing number of environmentalists, climate activists and climatetech investors who are backing bitcoin because of its unique ability to help reduce methane emissions from landfills, find a home for new renewable energy on the grid and then stabilise the intermittency of those renewable sources?
And most importantly did you know that if Bitcoin used proof of stake, it would not be able to offer any of these environmental benefits?
Bitcoin is like solar in the 90s. Some environmentalists are against it because of its past footprint but a growing number of environmentalists are in favor of it because of its future