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RE: No, Bitcoin Mining isn't going to destroy the Planet...

in GEMS4 years ago

It's unfair to compare Bitcoin to whole banking system... For accurate comparison, people should compare against total carbon footprint or energy consumption of whole cryptocurrency industry.

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Probably so, considering that BTC is far and away the biggest user, the whole industry would probably only increase that total number marginally.

Until Ethereum switches to PoS, it still needs quite a lot of hashing power to keep the network running.

There is also ASICs for CryptoNote coins of which some are definitely still ASIC friendly.