TL; Fault DR
Bitcoin mining consumes the same energy as the entire Philippines.
• Crypto developers can launch a new process of extracting cryptocurrency to control environmental pollution.
Although bitcoin mining has become popular in recent years, the truth is that the amount of electronic waste generated is a major drawback. BTC mining destroys thousands of computers and processors in a short time.
BTC mining generates a lot of money for people who practice it and consumes a lot of energy. Dutch and Asian figures suggest that BTC mining is potentially harmful.
Electronic scraps take over bitcoin mining
Undoubtedly, bitcoin mining is attractive to companies because of the passive profits that are generated without doing much. However, the crypto industry does not expect to dispose of about 30,000 tons of e-waste annually. This creates a big problem in the environment that can soon have side effects.
According to cryptographic mining experts, 270 grams are removed for each transaction. This figure is higher than the waste generated by the mobile device, which does not exceed 170 grams.
Although cryptographic miners make a lot of money from the bitcoin decryption process, it consumes energy. The criticism was echoed by Tesla CEO Ilan Musk, who shunned the bitcoin deal a few months ago because of its environmental damage.
Tesla CEO also expressed dissatisfaction with the pollution caused by bitcoin mining. To enter the field, cryptographic extraction consumes as much or even a little more energy than the entire Philippine region.
But bitcoin mining waste is generated by machine damage, where the life of each processor is 1 year. This is more than tolerating mobile devices, computers or other devices.
We are looking to recycle cryptography
Bitcoin mining has been a topic of discussion in China, the United States and the United Kingdom, not because of its efficiency but because of the damage it does. Countries agree that cryptographic extraction should be banned, as it may soon lead to environmental conflicts. China has gone so far as to eliminate most of the mines that operated on its border.
Some developers who support cryptocurrency trading think that bitcoin decryption should be renewed for less energy consumption. Accordingly, several projects have been promoted, such as the ADA, in which there are programs for extracting tokens using hard disks rather than CPUs.
A new bitcoin mining protocol may be launched soon, which is beneficial to the environment and enthusiasts.