The Crypto Ethic

Does Bitcoin Use Too Much Energy?! [Crypto Conversations]


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The Crypto Ethic’s Tansy and Anja (who both have professional histories in the environmental sector) tackle this question head on and chat about one of the biggest attacks on Bitcoin - its' high energy usage.   

We discuss the 'sustainability' criteria which Bitcoin is being held to, the innovative means by which miners are seeking cheap, renewable or wasted energy and why bitcoin ultimately uses the energy that it does (proof of work) - and why thats important to the security of the network.  

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Time Stamps 

00:00:00 - Anja's initial worries  

00:02:05 - Tansy's initial worries 

00:04:57 - Why is bitcoin being persecuted? 

00:08:54 - Smart electricity sourcing 

00:13:54 - Bitcoin is investing in energy-innovation 

00:18:43 - Bitcoin is helping the energy debate 

00:10:00 - Why does bitcoin use so much electricity?

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The Crypto EthicBy The Crypto Ethic