‘Bitcoin Is A Waste Of Energy’ – Debunked By Dan Held

Bitcoin mining is ‘a waste of energy’ is quite simply wrong and taken out of context, according to Bitcoin OG Dan Held, who says it’s actually the opposite.

Bitcoin mining has been the target for fud during this cycle as many nocoiners, who simply don’t understand it, claim Bitcoin is a waste of energy and is boiling the oceans.

But what the fud brigade seems to miss out on is what type of energy is being used to mine BTC, and the amount of energy actually wasted by the legacy banking and financial system.

What’s more, there is enough evidence to prove that Bitcoin ins’t a waste of energy and is in fact good for the environment. Read More