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You're right. It isn't that much in comparison. However, as we are attempting to move away from fossil fuels and other forms of mining that pollute the earth. Reducing that number will provide a nice benefit to btc compared to fiat.
These articles always leave out the relative information, like the worth of BTC market cap and its comparative waste. Saying "as much waste as X country" doesn't mean anything without saying "market cap is equal to Y country" as well.
Everything on earth, except maybe small sustainable farming operations, creates waste... this is a "buzzword" topic lately and I'm a bit tired of it personally.
We all know, we're all still buying crypto, and most of us aren't tied to operations creating waste on this scale. Unless you're starting a non-for-profit to combat this problem, or this knowledge has impacted you morally to the point of you ceasing to deal with crypto, what is the point of bringing it up for the 100th time on this subreddit? Honestly interested in an answer to that question.
tldr; Bitcoin mining produces 30,700 tonnes of e-waste annually, equivalent to the small IT equipment waste of a country like the Netherlands, according to researchers. Miners of the cryptocurrency each year produce 272g (9.5oz) per transaction, they said. By comparison, an iPhone 13 weighs 173g (6.1oz). Miners earn money by creating new Bitcoins, but the computing used consumes large amounts of energy.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Look, obviously it's a hot topic right now (no pun intended), but society is heading in the direction of complete renewable energy. Whether or not we make it in time is a different matter.
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30,700 tons of waste per year*
I was wondering 37k of what LOL
37k of waste per year as per the title is so vague lol.
37k isn't that much compared to how much you need to mine oil or other money makers hat create waste
You're right. It isn't that much in comparison. However, as we are attempting to move away from fossil fuels and other forms of mining that pollute the earth. Reducing that number will provide a nice benefit to btc compared to fiat.
I'll tap that 👏👏
What about the printing of Fiat? Printer goes brrrr everyday adding to global warming and using tons of electricity, you get the idea
Just think of the amount of waste created by the wars funded by that fiat printer.
These articles always leave out the relative information, like the worth of BTC market cap and its comparative waste. Saying "as much waste as X country" doesn't mean anything without saying "market cap is equal to Y country" as well.
37k ounces of electric waste.
Now tell me how is wasted creates gaming, creating tiktoks or any other electronic activity
4.
Everything on earth, except maybe small sustainable farming operations, creates waste... this is a "buzzword" topic lately and I'm a bit tired of it personally. We all know, we're all still buying crypto, and most of us aren't tied to operations creating waste on this scale. Unless you're starting a non-for-profit to combat this problem, or this knowledge has impacted you morally to the point of you ceasing to deal with crypto, what is the point of bringing it up for the 100th time on this subreddit? Honestly interested in an answer to that question.
Your answer is moons bro
Moons is the answer to many things but I'm not sure it's the answer I was looking for here
37k what?
How many k's to a b?
tldr; Bitcoin mining produces 30,700 tonnes of e-waste annually, equivalent to the small IT equipment waste of a country like the Netherlands, according to researchers. Miners of the cryptocurrency each year produce 272g (9.5oz) per transaction, they said. By comparison, an iPhone 13 weighs 173g (6.1oz). Miners earn money by creating new Bitcoins, but the computing used consumes large amounts of energy. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Still less than Tesla
Look, obviously it's a hot topic right now (no pun intended), but society is heading in the direction of complete renewable energy. Whether or not we make it in time is a different matter.
Imagine how much waste per year generates banking system if you press print receipt every time you withdraw money.
CVS dominates the receipt waste category
True! Its disgusting when I buy something to it and has 300% innecesarry plastic bags...
Different day, same old FUD