Mining bitcoins energy-intensive mining gold

Mining bitcoins energy-intensive gold miningPhoto from open sources

Mining or production of cryptocurrencies is very energy-intensive a business. Such mining is carried out using a computer equipment, including the most powerful video cards (why in the world even their present deficit was formed) and special blocks. Plus to Moreover, it is necessary to add that real cryptocurrencies create whole farms (many mining computers) that massively consume electricity.

For example, every dollar received in Bitcoin costs 17 MJ energy, which is two, or even three times more expensive than gold mining, platinum and other valuable minerals. According to the journal Nature Sustainability, for the production of bitcoins only this year as much energy is consumed as Denmark consumes in year. At the same time, starting in 2016 (previously this indicator simply did not traced) cryptocurrency mining brought our planet almost 16 million tons of additional carbon dioxide, which negatively affects the Earth’s ecosystem and leads to unpredictable the consequences.

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By the way, the Russian newspaper Komsomolskaya Pravda also held his study on this subject, however, in order to understand why in In our country, the Bitcoin mining center is located in Irkutsk. It turned out everything is very simple: here is the cheapest electricity, only a ruble with small per kilowatt. Therefore, cryptocurrency is grown in Irkutsk businessmen (Yuri Dromashko) and pensioners (former agronomist Valentina Rasskazova), sellers and students, artists and artists, even officials. And if a 72-year-old pensioner, as they say, invested at least and happily amassed cryptocurrencies for $ 3,000, then Dromashko put millions on this business (he created a huge farm Bitcoin mining), almost all of its previous business, however, with His words, everything has long been paid off handsomely.

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By the way, the other day on the Internet, information flashed that The Moscow region covered a similar cryptocurrency growing farm, which owed a lot of money for electricity (specifically, this happened in Balashikha, where in just three summer months, according to REN TV, debt for electricity owner and manager associations of property owners amounted to over 30 million rubles). It’s clear from here, writes KP correspondent Olga Chichigina, why exactly Irkutsk became the center of cryptocurrency mining, but not another thing remains clear: what is it, where do the real ones come from money for such a strange “money printing” and who benefits from it?

Since it’s really very difficult to understand how the same bitcoins are created, why they are growing in price, nothing backed up in the world (not a single one stands for cryptocurrency production of material values ​​for humanity, and therefore it very similar to a financial pyramid), then a natural the question is – is it worth investing in this business? And second The logical question is when will it all finally collapse?

Well, now, in connection with the noise made by the magazine Nature Sustainability by publishing energy and environmental disaster from cryptocurrencies, you can ask a third question – when in the world all this will stop at the level of strict laws and criminal liability? True, nobody knows yet how it is. to do. For example, in Russia, cryptocurrency is prohibited by law, however, this does not prevent her from flourishing in our country, as see …

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Was the conspiracy theorists right who suggested that cryptocurrency is a tool of either globalists, or even artificial intelligence that it is a genie released from a bottle, whose purpose is the destruction of the global financial system, economies, and, ultimately, destruction (at least reduction) of humanity as a whole? ..

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