How bad really is Bitcoin Mining for the environment?
Finding out if Bitcoin mining is really all that bad for the environment.
It seems like common knowledge that Bitcoin Mining is bad for the environment.
But is it?
Have a look at this data:
Looks bad right? It states that Bitcoin mining has increased the CO2 emissions of Hardin Power Plant, but look at the numbers for 2010 they are way higher.
According to the EIA 923 database, there has not been any sale of coal to the plant since December 2017. Hinting that the power plant scaled down operations around 2015, meaning all Bitcoin mining has done as got it working again. Bitcoin mining has helped to clean up coal dumps in Pennsylvania, USA.
Source: Bitcoin.rocks
Bitcoin mining is also preventing flared natural gas from polluting the atmosphere, that's right 2 former students set up a Bitcoin mining operation running off flared natural gas which would have polluted the atmosphere anyway, they're putting that energy to use.
By tapping into the natural gas piping, the unused natural gas gets redirected to a generator to create electricity to power the Bitcoin mining servers.
Source: engineering.tamu.edu
Studies by the BMC (Bitcoin Mining Council) show that 58.8% of Bitcoin mining is from renewable sources.
This means that technically Bitcoin Mining is the greenest industry on earth.
Congo's most famous national park Virunga, has become the first national park to run a Bitcoin mine.
In an attempt to protect its forests and famous wildlife, Virunga has become the first national park to run a Bitcoin mine. But some are wondering what the hell crypto has to do with conservation.
Source: technologyreview.com
Bitcoin Mining has saved a national park.
Bitcoin is also good for you and your financial freedom.
Conclusion
If this hasn't convinced you try reading bitcoinis.green and bitcoin.rocks.
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