Bitcoin emissions alone could push global warming above 2°C: study from 2018

Re:Bitcoin emissions alone could push global warming above 2... by salmon30salmon on Sunday January 17, 2021 @05:52PM (#25816083)

That is only really accurate if the electricity used would somehow disappear were it not for the mining. Electricity (minus the energy lost in transport etc etc) is zero-sum. If the miner uses hydro, that means someone further from the dam is using coal, methane etc as the hydro company isn't selling excess on the grid.

Energy is finite on the grid, so yes mining takes energy which could have been used for (arguably) better purposes

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Re:Bitcoin emissions alone could push global warming above 2... by mr_woozy on Sunday January 17, 2021 @06:21PM (#25816317)

Not here in Iceland we have more electricity than we have use for, it goes to bitcoin mining or it goes to aluminum smelting. No connection to the outside world grid.

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Re:Bitcoin emissions alone could push global warming above 2... by toomuchtodo on Sunday January 17, 2021 @09:17PM (#25817443)

Could go to H2 production and export.

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Re:Bitcoin emissions alone could push global warming above 2... by mr_woozy on Sunday January 17, 2021 @10:41PM (#25817842)

That's just bitcoin mining with extra steps.

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Re:Bitcoin emissions alone could push global warming above 2... by TomSwirly on Monday January 18, 2021 @04:21AM (#25819865)

If you thought your comment made sense, I have to tell you that it does not.

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