How Bitcoin Will Help Solve the Climate Crisis

At its core, it stems from a misconception of how Bitcoin uses energy and where the energy comes from.First, lets expose the myth that Bitcoin is less effective than our existing financial system.(Design/Siby Suriyan)These operations are terribly energy-intensive and when comparing all three layers versus Bitcoin, it is clear that Bitcoin is more energy efficient.Currently, Bitcoin just has 2 layers: the Lightning Network and the base layer. Our current fiat system or Bitcoin?Lets address where the energy to mine bitcoin comes from.The profit margins on bitcoin mining are extremely slim.

See The Whiteboard Video HereIn this article, we are going to dive into Bitcoins effect on the environment.Since the rise of Bitcoin, the media has actually relentlessly assaulted it based on its energy intake.”Considering that we are past 2020 and bitcoin mining has not burned up all of our resources, we have to ask ourselves, what is triggering this false narrative about Bitcoins energy consumption? At its core, it stems from a misunderstanding of how Bitcoin uses energy and where the energy comes from.First, lets debunk the myth that Bitcoin is less effective than our existing financial system.(Design/Siby Suriyan)These operations are awfully energy-intensive and when comparing all 3 layers versus Bitcoin, it is clear that Bitcoin is more energy efficient.Currently, Bitcoin just has 2 layers: the Lightning Network and the base layer. Our existing fiat system or Bitcoin?Lets address where the energy to mine bitcoin comes from.The revenue margins on bitcoin mining are exceptionally slim.