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RE: Bitcoin Mining Vs Electricity Consumption
I feel that Bitcoin mining follows sustainable development , it doesn't acts as a harbinger for the crisis of electricity . Just some Centralized forces just spread the FUD saying that mining would lead to crisis of electricity !
Who knows Blockchain technology can do miracles ! It might generate electricity one day . Thanks for the post man :)
You have some good Pointers there. I am guessing you are one of my Indian Brethren so if you are from India you might know that up untill around 5 years ago there was a huge scarcity of Electricity we had at least 2-3 hours of Day without Electricity but nowadays we hardly get Electricity cutoffs.
That's a pretty good sign that there is no shortage of Electricity as of now.