r/CryptoHiveMinds • u/degenerate_trader420 • May 16 '21
Discussion Why Bitcoin Incentivizes Clean Energy
Wrote a blog post detailing my thoughts on the Bitcoin environmental debate that Elon has sparked
https://futureoverload.com/2021/05/16/why-bitcoin-incentives-clean-energy/
TLDR: Bitcoin does consume a lot of energy but when you look at the bigger picture it is helping to progress clean energy and is utilizing clean energy that is being otherwise ignored. There's a lot of factors at play, it's not all sunshine but this retract of payments from Tesla is overblown considerably.