您现在的位置是:Bitcoin mining is a bounty that’s good for all of humanity: Burnett >>正文
Bitcoin mining is a bounty that’s good for all of humanity: Burnett
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛548人已围观
简介Blockchain infrastructure and cryptocurrency mining company Blockware Solutions analyst Joe Burnett ...
Blockchain infrastructure and cryptocurrency mining company Blockware Solutions analyst Joe Burnett stated that the crypto community must debunk the myth that Bitcoin is bad for the environment.
The expert discussed the need to adopt a complex and multidimensional view on energy use for crypto in the first edition of Cointelegraph’s research panel.
Explaining his belief that Bitcoin’s energy consumption is not a threat to the planet, Burnett said:
“I think Bitcoin mining is just not bad for the environment, period, I think if anything, it incentivizes more energy production, it improves grid reliability and resilience and I think it will likely lower retail electricity rates in the long term.”
He added that Bitcoin mining is a “bounty to produce cheap energy, and this is good for all humanity.”
However, talking about the biggest challenges faced by the mining industry, PRTI Inc. adviser Magdalena Gronowska said that despite the advancements, the transition to a low-carbon economy and reducing GHG emissions stands out as a barrier.
The panel for Bitcoin miners also discussed the role of mining in the mass adoption of Bitcoin and the industry’s future.
Hashworks CEO Todd Esse explained that the mining industry is likely to set its foundations in the Middle East, North America, and to some extent Asia in the future. However, the expert said that whether the growth of industrial mining in new regions will lead to mass adoption depends on the availability of natural resources and the cost of power.
When asked if the increasing collaboration between big energy companies and Bitcoin mining will contribute to improving the credibility of the cryptocurrency and further mass production, Luxor CEO Nick Hanse Hansen said:
“No, certainly not, but it is going to be the thing that transforms everyone’s life whether they know it or not. By being that buyer of last resort and buyer of first resort for energy. It’s going to transform energy, energy markets and the way it is produced and consumed..”
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/894115.html
相关文章
GMT rallies by 18% in the last 24 hours
Bitcoin mining is a bounty that’s good for all of humanity: BurnettThe crypto market is up by nearly 1% today as it slowly recovers from the poor start to the week.The...
阅读更多
Decentraland (MANA) is bouncing off its January slide and could swing 15% up
Bitcoin mining is a bounty that’s good for all of humanity: BurnettDecentraland (MANA)has been bouncing off from its early January slump. The metaverse token was one o...
阅读更多
Bitlocus and Striga launch crypto
Bitcoin mining is a bounty that’s good for all of humanity: BurnettBitlocus, an emerging fintech company that gives fiat users a gateway to interact with DeFi, and Str...
阅读更多
热门文章
- Ethereum Miners Earn Less From Fees As DeFi Hype Slows Down
- Sun token has Hard Fork
- Korea Blockchain Association Requests Delay on Crypto Tax
- Tron (TRX) price drops 6% after surging on USSD stablecoin reserve boost
- Ethereum's Hashrate Has Peaked At 252 TH/S
- Not another dog meme coin: where to buy Baby Doge Coin now
最新文章
Dip buying whales push Bitcoin above $40,000 once again
Developing markets outshined advanced ones in 2020 BTC gains
Polygon (MATIC) aims to reclaim $1 after a steep correction
LG joins Samsung in announcing NFT service in new TVs
Cryptos mixed, Nexo rallies on Binance listing
Meet QRDO, the perpetual gainer: best places to buy the QRDO token today