The 2025 global carbon footprint of bitcoin is estimated by Digiconomist at 98.10 Mt CO2, comparable to that of Qatar.
It’s electrical energy use at 175.87 TWh is comparable to a country like Poland.
At 48.36 kt, bitcoin will produce as much e-waste as the Netherlands.
At 2,772 GL it will consume as much water as Switzerland.
Bitcoin is evil, true evil.
Blockchain is a slow, cumbersome, badly designed database that is incredibly energy and material intense to run.
1 single bitcoin transaction:
712.41 kgCO2: carbon footprint of 1,578,956 VISA transactions,
1277.28 kWh of electricity: power consumption of an average U.S. household over 43.78 days
351.20 grams of e-waste: equivalent to the weight of 2.14 iPhones 12
20,130 liters of water: amount of water in a backyard swimming pool
How is Bitcoin consuming energy (in more detail please)...
@gerrymcgovern I would have liked this post to say the "how" it's wasted more technically - so those examples it's compared to doesn't seem disconnected (like comparing it to 2.14 iPhones is quiet poor / distant)
Water was a better comparison but "how" is important in each transaction and apportioning to time
Because everything consumes AND over time will always get to these numbers (bank coins for example and re-minting them MASSIVE #ENERGY but maybe at the start and then there is their own politics not compared to with #banks who as poor #standard now are not mentioned and hardly any better / fairer / politically or planetary-aligned! I'd say the opposite and even their interest in #bitcoin to confirm that!)
"#Currency = #Politics" #FreeSchool
#Crypto #Bank #Material #Consumption #Speculation
#Transformation is not #Fair (is a human-thinking realm (interpretation of reality) rather than #material #realm / #physical #objects)
