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Retired Power Plant Revived To Mine Bitcoin



On the shores of Seneca Lake, a retired energy plant’s new goal is to energy 1000’s of computer systems that mine bitcoin, a digital forex. This course of creates actual world dangers by pumping half a billion kilos of CO2 per yr.» Subscribe to NBC Information:
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#Bitcoin #Crypto #Mining

Retired Power Plant Revived To Mine Bitcoin

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25 Comments

  1. Oh please! Game theory will wipe these fossil fuel out as easily as the Fake Media who reported and interviewed an ignorant person in the beginning of the vid. 75% and climbing to eventually 100% clean energy is where mining is headed. This is simply noise or another way to distract people from the TRUTH!!!! Shame on you NBC!!!

  2. Why does any industrial corporation (steel, plastics, autos, private power plants, etc) use energy? – to make products? No – to make money. At least bitcoin doesn't leave a heap of garbage in front of your house, like most products, and the lady at the intro is wrong – bitcoin is not fake money, the US dollar is.

  3. To put it in perspective, Bitcoin mining emits ~60 million tons of CO2 annually… the current financial ecosystem that has disenfranchised millions of people around the world, that NBC so clearly wants to protect, emits ~1,300 million tons annually.

    This isn’t considering the fact that 1.5 billion people globally are still unbanked. How should we go about including them in the financial system? Well for one, the legacy system doesn’t think these people even deserve financial inclusion, while Bitcoin on the other hand is an open system that provides anyone in the world a chance to participate in the global economy. Bitcoin would also be much less of an environmental burden than the legacy system… so you decide.

    Only someone who doesn’t know the facts, is narrow minded, or has an affinity for the banking system would say Bitcoin is bad for the environment.

    Not only will Bitcoin reduce global emissions by reducing our dependency on the legacy banking system, it’s giving people a natural incentive to invest in renewable energy. Bitcoin mining uses about 40% renewable energy, while the rest of the economy uses ~12%

    I care deeply about the environment, and I truly believe Bitcoin will be the best thing to happen to the environment.

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  10. It did not shut down because there was not need, it shut down because of environmental wackos like you see in the video. Look how angry and insane that woman looks.

  11. MAKING MONEY ISN’T AN EASY TO ENDEAVOR.THÁNK YOU SO MUCH FOR THE VIDEO AND TO HACKERJOE222 ON TELEGRÀM,,THANKS FOR MAKING ME HÁPPY AGAIN IN MY LIFE I GOT 1BTC

  12. MAKING MONEY ISN’T AN EASY TO ENDEAVOR.THÁNK YOU SO MUCH FOR THE VIDEO AND TO HACKERJOE222 ON TELEGRÀM,,THANKS FOR MAKING ME HÁPPY AGAIN IN MY LIFE I GOT 1BTC

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