Exactly How Bad Is Bitcoin For The Environment? | Answers With Joe

Get Nebula and CuriosityStream for only $14.79 when you sign up at http://www.curiositystream.com/joescott
Bitcoin and cryptocurrencies in general have taken the world by storm, but they’ve also become controversial due to the amount of energy they use. Is Bitcoin as bad for the environment as people say? Or is it all a matter of perspective?

Want to support the channel? Here’s how:

Patreon: http://www.patreon.com/answerswithjoe
Channel Memberships: https://www.youtube.com/channel/UC-2YHgc363EdcusLIBbgxzg/join
T-Shirts & Merch: http://www.answerswithjoe.com/store

Interested in getting a Tesla? Use my referral link and get discounts and perks:
https://ts.la/joe74700

Follow me at all my places!
Instagram: https://instagram.com/answerswithjoe
Snapchat: https://www.snapchat.com/add/answerswithjoe
Facebook: http://www.facebook.com/answerswithjoe
Twitter: https://www.twitter.com/answerswithjoe

LINKS LINKS LINKS:

3 Blue 1 Brown on Bitcoin:
https://www.youtube.com/watch?v=S9JGmA5_unY

https://ycharts.com/indicators/bitcoin_network_hash_rate

https://towardsdatascience.com/the-blockchain-scalability-problem-the-race-for-visa-like-transaction-speed-5cce48f9d44?gi=d9270e4c8b98

https://www.antminerdistribution.com/container-solutions/

https://cointelegraph.com/news/mining-gets-real-in-underground-soviet-bunker

https://www.bbc.com/news/world-europe-43003740

https://www.scmp.com/abacus/news-bites/article/3087222/mysterious-tombs-china-found-be-bitcoin-mining-operations

Iceland Bitcoin Supermine: https://youtu.be/f0HC1Udk6-E

https://www.buybitcoinworldwide.com/how-many-bitcoins-are-there/

https://www.wsj.com/articles/bitcoin-miners-are-giving-new-life-to-old-fossil-fuel-power-plants-11621594803

https://hbr.org/2021/05/how-much-energy-does-bitcoin-actually-consume

https://medium.com/swlh/a-solar-crypto-manifesto-95c6422802a4

https://www.theverge.com/2021/5/27/22456993/butte-montana-solar-project-atlas-ethereum-cryptocurrency-mining-renewables

https://www.greentechmedia.com/articles/read/solar-powered-bitcoin-mining-could-be-a-very-pofitable-business-model

https://www.visualcapitalist.com/bitcoin-is-the-fastest-asset-to-reach-a-1-trillion-market-cap/

https://galea.medium.com/bitcoin-development-who-can-change-the-core-protocol-478b8ac5fe43

https://www.eia.gov/energyexplained/use-of-energy/industry.php

https://www.nrdc.org/sites/default/files/home-idle-load-IP.pdf

https://medium.com/@zodhyatech/which-consumes-more-power-banks-or-bitcoins-8302750fe2bc

https://thefactsource.com/how-much-electricity-does-youtube-use/

https://www.core-econ.org/wp-content/uploads/2019/07/Data-competition-selfie.pdf

Written by Joe Scott