Buying a Bitcoin emits 195x as much CO₂ as buying an iPhone

#1

Post by yanneves » Sun, May 02, 2021, 10:18 PM UTC

Buying a Bitcoin emits 195x as much CO₂ as buying an iPhone
blog.yannev.es

Re: Buying a Bitcoin emits 195x as much CO₂ as buying an iPhone

#2

Post by mcfly1985 » Sun, May 02, 2021, 10:44 PM UTC

Another NPC attacking bitcoin. Gotta keep the sheep believing the devaluing of their savings and wages is a good thing.

Re: Buying a Bitcoin emits 195x as much CO₂ as buying an iPhone

#3

Post by vmception » Sun, May 02, 2021, 10:45 PM UTC

> Does that mean cryptoassets are doomed technology? No, this spells the need for established institutions to adopt and support crypto. The demand is there. Meanwhile, we need to be more cautious of the actors we currently enable in crypto networks and the corners they’re willing to cut in the pursuit of profit.

Exactly. Everyone that matters is putting their energy towards creating incentives and software that allows for similar security and confidence of crypto networks, while using less energy.

Re: Buying a Bitcoin emits 195x as much CO₂ as buying an iPhone

#4

Post by christopherwxyz » Sun, May 02, 2021, 10:46 PM UTC

Only if you buy one at a time. Trying buying in bulk.

Re: Buying a Bitcoin emits 195x as much CO₂ as buying an iPhone

#5

Post by nceqs3 » Sun, May 02, 2021, 10:47 PM UTC

And unlike Bitcoin you use your iPhone everyday...

Re: Buying a Bitcoin emits 195x as much CO₂ as buying an iPhone

#6

Post by tyingq » Sun, May 02, 2021, 10:47 PM UTC

"the decision to buy one Bitcoin versus about 29 iPhone 12 Pros emits 195 times as much CO₂"

The headline made it sound like 195x a single iPhone...

Re: Buying a Bitcoin emits 195x as much CO₂ as buying an iPhone

#7

Post by social_quotient » Sun, May 02, 2021, 10:47 PM UTC

But one lasts forever and the other is wasted in 2-3 years?

Re: Buying a Bitcoin emits 195x as much CO₂ as buying an iPhone

#8

Post by I_am_tiberius » Sun, May 02, 2021, 10:48 PM UTC

How can this be calculated? I mean, it's possible to use solar energy for running mining equipment.

Re: Buying a Bitcoin emits 195x as much CO₂ as buying an iPhone

#9

Post by 1976gian » Sun, May 02, 2021, 10:48 PM UTC

Nice

Re: Buying a Bitcoin emits 195x as much CO₂ as buying an iPhone

#10

Post by NicoJuicy » Sun, May 02, 2021, 10:48 PM UTC

vmception wrote: post #3

> Does that mean cryptoassets are doomed technology? No, this spells the need for established institutions to adopt and support crypto. The demand is there. Meanwhile, we need to be more cautious of the actors we currently enable in crypto networks and the corners they’re willing to cut in the pursuit of profit. Exactly. Everyone that matters is putting their energy towards creating incentives and software that allow…

> The demand is there.

Let's talk when covid is over. It wouldn't be the first time it drops 80%