Let’s Talk About Bitcoin’s Insane Energy Consumption
Bitcoin mining networks consume more energy than 150 countries annually.
Bitcoin is not sustainable or high tech enough to believe it has good long term potential to become mass adopted.
I support more advanced cryptocurrencies.
There are do many smart alternatives to the general cryptos known.
The Internet of things coins will be the first to become mass adopted in my opinion.
any one know when sbd rate rise up?
The winner of the Cypto wars has not been created yet and it may not be for a while.
Although the mining of bitcoin is an obvious energy problem, we trust that the energy alternatives of this solution and the blockchain technology will not be a risk factor for the ecosystem
You do have a point, but I believe that you're missing the big picture there my friend.
Internet had some issues to be considered mainstream in the nineties and that was because it had many infrastructure problems. Blockchain as a whole will face the same issues, but imagine how hard it would be if we wouldn't even have bitcoin (today's largest blockchain infrastructure). Bitcoin is helping us to gain mass adoption and, despite I feel the same as you do (it won't hold in the long run), I believe that right now we all need a healthy Bitcoin, for the sake of every other altcoin. Don't you agree?
On the other hand, infrastructure (energy) costs won't be mathematicaly positive in the costs equation till we start having real use cases for the majority of blockchain projects. And ultimately those projects would never even exist without the infrastructure.
So, let's keep the energy flowing for a while longer, it's a long term game. And a game that will be won by the blockchain, no doubt about it.