jgeerts
Joined 15 years ago
Joined 15 years ago
It's not "required", it's only that high because it has so much success. Bitcoin would be working with only one miner running, the first blocks were minted on a private computer.
If you compare Bitcoin's environmental footprint to the whole financial system with air cooled offices around the world, with equipment, server rooms it doesn't come close.
A positive side of Bitcoin mining is that it's geographically independent and it can move to where they have too much energy which cannot be stored. In some cases the abundance of energy would be wasted through gas flaring which puts more CO2 into the atmosphere. Now they can get rid of their excessive energy and store it in the form of Bitcoin.
* https://thefactsource.com/how-much-electricity-does-youtube-... * https://research.arcane.no/news/equinor-partners-with-bitcoi...
Thinking that it won't happen to you won't make it go away unfortunately, your country isn't special, if no drastic measures are being taken like full quarantine this will happen to you too.
My country is in full lockdown and still a lot of people don't see the gravity of the situation. People dismissing it as less dangerous than influenza are misinformed.
Apple's public key can be found here.
Another important factor is the 10 minutes confirmation time, nobody wants to wait for 10 minutes at the counter before they trust you walking out. We need something with instant verification and low fees and increasing the blocksize will never do that.
Rogan is against wearing masks but demands all of his guests to be tested for COVID-19 before going on his show which is kind of contradictory.