RE: PayPal Co-founder Fights For Bitcoin Hashrate

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PayPal Co-founder Fights For Bitcoin Hashrate

in news •  5 years ago 

Hi @juanmolina,

Since the main way to generate electricity in China is hydrocarbon burning thermoelectric, this also has a direct impact on the environment and global warming.

Yes! This is exactly what I hope greener companies can address and move Bitcoin mining into a sustainable form of asset. High operational costs in electricity consumption can result in these companies to shut down and destabilize Bitcoin operations.

It is time companies be responsible for their global carbon footprints.

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We should definitely all be responsible for our carbon footprints. But even more the big companies with their huge emissions.

High operational costs in electricity consumption can result in these companies to shut down and destabilize Bitcoin operations.

Wow! I don't even want to think about what could happen with BTC if mining was interrupted for some reason.

Perhaps the price would rise because it would be mining less what would produce shortages?