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