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Understanding The Environmental Impact Of The Bitcoin Network

This video provides an excellent explanation for how much energy it takes to run the Bitcoin Network, and why it's beneficial to the world and its people to use this energy to secure a truly fair financial system for all.

Ultimately, the Bitcoin Network incentivizes humans to find and harness the cleanest and least expensive forms of energy around the world, energy that in most cases isn't worth harnessing because it is too far away to profitably transport to cities.

When Bitcoin mining rigs are set up in a remote location to harness the energy of a natural waterfall, this clean energy is transformed into Bitcoin, which can be viewed as digital energy, and this digital energy can be used as money anywhere in the world. So Bitcoin allows for transportation of energy and money around the world at near instant speeds without the gradual loss that occurs when transporting energy across legacy electrical grids and wires.

 
 

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