Existing only in the digital sphere but currently worth a fortune, it is the virtual currency that has gone mainstream in recent weeks.
However, it has emerged that the production of bitcoins uses so much energy it threatens to seriously harm the planet.
In recent months investors have flocked to the currency that exists only in cyberspace and is traded directly from person to person.
But its very success had led to fears about the environmental impact
of the bitcoin phenomenon.
The process by which the currency is produced in the digital world - known as mining - uses an enormous amount of energy, much of it coming from the carbon fuels that cause the most pollution.
Total electricity use in bitcoin mining has increased by 30 percent in the past month, according to accounting firm PwC
How mining bitcoin is 'killing the planet'
Source: http://www.telegraph.co.uk/news/2017/12/16/virtual-bitcoin-production-killing-planet/
Not indicating that the content you copy/paste is not your original work could be seen as plagiarism.
Some tips to share content and add value:
Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.
Creative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post.
If you are actually the original author, please do reply to let us know!
Thank You!
More Info: Abuse Guide - 2017.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Gold mining is massively more destructive. The complicated process of printing (and re-printing...and re-printing) fiat consumes considerable energy, too. Keep it in perspective.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @morjina! You have received a personal award!
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @morjina! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit