| Previous :: Next Topic |
| Author |
Message |
MtnGoat
Member
Joined: 17 Dec 2001
Posts: 11992 | TRs | Pics
Location: Lyle, WA |
|
MtnGoat
Member
|
 Mon Oct 29, 2018 2:54 pm |
|
|
Assuming you accept the assumptions, bitcoin mining alone could overheat the planet
| Quote: | | To predict Bitcoin’s environmental footprint in the future, the University of Hawaii researchers looked at the adoption rates of other new technologies, such as credit cards and dishwashers, in the United States. These technologies were selected based on their incredibly rapid adoption, as was the case for credit cards, or their slow uptake, i.e. dishwashers. If Bitcoin is adopted at the average rate of these technologies, according to the study, it could produce enough emissions to warm the planet by two degrees Celcius in just 16 years. Even if it follows the slowest adoption rate, it will reach this same threshold within 22 years, the researchers concluded. |
Diplomacy is the art of saying 'Nice doggie' until you can find a rock. - Will Rogers
Diplomacy is the art of saying 'Nice doggie' until you can find a rock. - Will Rogers
|
| Back to top |
  
|
|
Randito
Snarky Member
Joined: 27 Jul 2008
Posts: 9513 | TRs | Pics
Location: Bellevue at the moment. |
|
Randito
Snarky Member
|
Mon Oct 29, 2018 3:28 pm |
|
|
Bitcoin is now trading at around $6300 -- down from $19,000 10 months ago.
I'll bet a donut that the Chelan county PUD's ban on new electrical permits for miners is mostly for show at this point with no one applying for new permits.
|
| Back to top |
|
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
|
Disclosure: As an Amazon Associate NWHikers.net earns from qualifying purchases when you use our link(s). |
