Solar Energy to Reduce Mining Cost and Impact on Environment

[Vladar49]

There have been many debates around bitcoin’s energy consumption rates and its negative influence on the environment. Sustainable systems such as solar energy can solve the problem by introducing ecologically clean energy for mining. Besides, it is much cheaper than traditional sources.

Some people argue that BTC drastically enlarges the level of consumption in the world. Electricity is dubbed its “Achilles heel”. However, if to talk just about the consumption in general, there is still little awareness of the advantages that the sources of sustainable energy offer.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/solar-energy-reduce/

[pirin]

I love the imagery for this article

The presented numbers are actually quite interesting also... "banking consumes much more power. It requires around 100 terawatts to power the banking sector annually. If BTC technology were to mature by more than 100 times its current market size, it would still equal only 2 percent of all consumption."

It just goes to show it's all about perspective.