Bitcoin

In a recent episode of his show Real Time, Bill Maher didn’t shy away from taking on cryptocurrency. He raised concerns over how much electricity crypto mining is using and what that means for the environment. Maher took a dig at how the electricity consumed by crypto mining is interfering with the progress being made in green energy efforts. “All the progress that we’re making with green energy is being sucked away by crypto,” the political commentator said.To really drive the point home, Maher made an interesting comparison. He said the energy used by crypto mining is like adding 15.7 million gas-powered cars to the roads. In a world that’s trying to move away from fossil fuels, that’s a pretty eye-opening comparison. It is a stark reminder of how difficult it is to balance technological innovation with environmental goals.A Growing DebateThis isn’t the first time critics have raised concerns over the energy consumed by cryptocurrencies, especially Bitcoin. It is obvious that mining cryptocurrencies like Bitcoin takes a lot of electricity. For example, when demand for power spikes in Texas, the Electric Reliability Council (ERCOT) has had to ask miners to cut back. This helps prevent the power grid from being overwhelmed.<a href="https://cryptotale.org/bill-maher-criticizes-crypto-minings-impact-on-environment/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Bill Maher Criticizes Crypto Mining's Impact on Environment

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