There’s a video that recently went out about bitcoin mining in Granbury. It got 1.4Million YouTube views and contained a significant amount of misinformation. The environmental FUD hasn’t stopped, it’s just morphed.
Here’s by dissection of what i would call propaganda-dressed-up-as-journalism.
https://batcoinz.com/fact-and-fiction-in-bitcoin-mining-reporting/
I came to bitcoin wanting to prove how bad the energy consumption was. What I actually learned is how mining is creating more ways to improve renewable energy around the world, often providing electrification and reducing methane emissions.
If anything Bitcoin mining is cleaning the world- the exact opposite of what I expected to find.
Anyone that spends more than 2 hours looking into this should at least find this trail, even if they don’t want to believe it.
Agreed. Here’s yet another example of how bitcoin is helping heal the planet.
Came for the fud, stayed for the truth 🧡
#Bitcoin #Energy #SavetheWorld
That's right. It turns out the opposite. Bitcoin consumes energy, but this drives users to look for ever cheaper methods, leading to new scientific discoveries.
Who would have thought if we just listened to mainstream media!
