From the course: Practical Blockchain and Cryptocurrency

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Environmental impact of Bitcoin mining

Environmental impact of Bitcoin mining - Blockchain Tutorial

From the course: Practical Blockchain and Cryptocurrency

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Environmental impact of Bitcoin mining

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- So when I spoke around proof of stake, I already told you a little bit about the environmental impact of mining. It's worth repeating here again because it is actually on top of mind for a lot of people and it's affecting a lot of policies, especially global policies and financial policies around the world. Here in the United States, a lot of our laws around Bitcoin and mining are really starting to get impacted because of the environmental concerns that people are having on mining. So remember, it takes a lot of energy to basically power these computers. And most of the time, this energy is coming from non-renewable sources like fossil fuels. It's electricity. When we turn on the lights in our house, when we turn on our computers in our house, it's coming from a power plant. Those power plants are normally burning coal, right? Now, that's not the case all the time. Yeah, I know sometimes it can be renewable energy. I know sometimes it can be nuclear energy. Like we really don't…

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