jason1637 said:
I mean everything we do has an environmental impact. Atleast there’s options out there that drastically lower that. For example the banking and gold industry harm the environment far more than crypto does but it’s ridiculous to get rid of physical currency in exchange for digital. |
Nope:
According to independent researchers Max Krause and Thabet Tolaymat, it takes 17 megajoules (MJ) of computer power to generate $1 of bitcoin and only 5MJ of energy to produce $1 of gold. In fact, bitcoin mining is nearly 15X more carbon intensive than mining an equivalent amount of gold (in dollar terms).