When they aren’t bashing Bitcoin as a bubble, nocoiners can usually be found trying desperately to prove how the activities of miners will bring about the end of the world. Here are three reasons why the energy consumption rhetoric is utter garbage. The Global Energy Misconception The pseudo-environmentalist brigade will have you believe that Bitcoin (BTC) mining would be the death of the planet. Much of their arguments revolve around the energy consumption of dataRead MoreThe post Bitcoin Mining: Three Reasons Why Energy Consumption Rhetoric Is Pure Nonsense appeared first on Bitcoinist.com.
