Loading video...
Video Failed to Load
Bitcoin is one big disaster for the environment. Mining bitcoin requires an inordinate amount of energy, is a terrible investment these days and fuels crime on the dark web. Is this a contender for the worst idea of the 21st century?
264,738 views • 8 months ago •via X (Twitter)
31 Comments

New Scientist are now contender for the most ill informed, non-scientific commentators on Bitcoin mining this century Bitcoin mining is backed up by 22 peer reviewed journal articles as essential to methane mitigation and the green energy transition

You are an embarrassment to the scientific community.

Guys, it's 2026...do some basic research. That would require you not to be lazy and retarded though.

It’s so brave of you to publicly come out as retarded.

is this page called new scientist cause y'all are new to science?

Whoa … is this from 2013?? Spoken like people with a lot of financial privilege. Go ahead and tell an Argentinian or Venezuelan or Turk who has experienced hyperinflation that bitcoin is useless or only used for crime. Tell that to multiple Afghan entrepreneurs I’ve had on my show who talked about how bitcoin enabled them to pay the women on their micro-blogging platform who would have any salary paid to a bank account confiscated by male relatives or who didn’t even have a bank account. Or how it helped them get money in Afghanistan after Western Union shut down. I used to admire New Scientist. Now I see that you don’t approach your work with an open mind or curiosity. You pre-judge it based on your elite position in the word, mocking anything that doesn’t have relevance to your life. How nice it is, yes, be to be born into a country whose currency is the global reserve currency of the world. I was born into the same financial privilege. I’m just grateful that I’ve had enough life experience to know that it is a privilege granted not by merit but by an incredibly unfair lottery and Bitcoin helps address that inequality.

I think New Scientist needs a copy of Bitcoin is for Everyone. They may enjoy the energy chapter 🧡

Not gonna lie I liked Old Scientist better

So a technology that incentivizes everyone on the planet to save and disincentivizes waste is bad for the environment? And a technology that incentivizes everyone on the planet to tinker with finding the best sustainable and low cost energy solutions is bad for the environment?

Why did the producers of this show pick someone to talk about bitcoin who clearly has no idea what she’s talking about?

Bitcoin uses energy no one else can use and strengthens fragile grids by acting as adjustable load. It’s also rapidly becoming the only neutral, trustless collateral in a system drowning in leverage. This isn’t a disaster. It’s an upgrade. Study it. Your wrong.

U guys win “retards of the day”

Embarrassingly bad journalism.

Oh look.. its all the debunked talking points from 2014 Farkingmorons

BY A MILE

Bitcoin is better for the environment than Fiat!

The science is settled

My face when I pretend to know what I’m talking about on a podcast and talk out of my ass to the internet

How can a scientist’s account post this kind of video, which spreads scientifically misleading claims and ignores dozens of peer-reviewed studies?

I'm an ecologically-minded person, and I've studied Bitcoin's energy usage and its impact on the environment for 5 years. I can safely say that I think methane mitigation from Bitcoin mining, and also how mining supports green energy, is our best shot at fixing the planet.

Bitcoin is over 55% renewable My nodes actually are net producers on energy to the Eversource grid in Connecticut since I have 20 solar panels Study Bitcoin Start here:

This is the reason I stopped subscribing to you a while ago, nonsense articles and opinions with no proper research. It’s embarrassing.

I don't know who this "scientist" is, but these are absolute garbage opinions that have been debunked over and over. Bitcoin mining consumes energy that would otherwise be curtailed or wasted. Other energy is to expensive to run miners profitably.

If you’re going to say, Bitcoin is bad for the environment, then you should’ve left out crime on the dark web, it discredits your argument I would also recommend you looking into El Salvador, using geothermal energy from volcanoes to mind bitcoin which is natural energy

We interviewed 78 experts in mining, energy, bitcoin, finance, policy and climate science. If you’d like to take a look at real research, watch Dirty Coin: The Bitcoin Mining Documentary

Absurdly Ignorant and anti-science. Steelman the other side of your garbage argument

Terrible take. Study longer, read the scientific research and try again.

This bitch is retarded. 0 research and she'll yell and talk about feeling if you push back. Grade F reporting.

In a single post: - proved to have no idea how the energy grid works - proved to have no idea what money is - proved to have never read any statistics about payment methods for crime - proved to have been disconnected from the real world for at least 8 years Way to go brosky

Stop . Full stop. Start here and keep learning . We heat with that energy! We will someday soon provide cooling with that energy. If you don’t understand the tech and thermodynamics please learn.

So much horrible journalism. Enjoy the consequences I guess.
