Environmental Impact
Realities
- A significant portion of bitcoin’s energy consumption is generated from renewable resources.
- Bitcoin will spur innovation in the development of renewable energy technology & resources.
- Bitcoin consumes energy that is otherwise wasted, if not, flared into the atmosphere.
- Bitcoin consumes only the energy that the free market will bear at a free market rate.
- Bitcoin consumes energy resources that would otherwise not be economic to develop.
- The nature of bitcoin energy demand will improve the efficiency of energy grids.
Environmental Impact of Gold