Yeah, but one is extra bad for our enviroment while being a scam.

Over 52% of the bitcoin network is renewable energy and growing. Y’all need to update your info, damn

Yes, but that still means that the other half is fossil fuel.

Bitcoin mining’s distribution makes it difficult for researchers to identify the location of miners and electricity use. It is therefore difficult to translate energy consumption into carbon emissions. As of 2025, a non-peer-reviewed study by the Cambridge Centre for Alternative Finance (CCAF) estimated that bitcoin consumed 138 TWh (500 PJ) annually, representing 0.5% of the world’s electricity consumption and resulting in annual greenhouse gas emissions of 39.8 Mt CO2, representing 0.08% of global emissions and comparable to Slovakia’s emissions.

Compared to our current system though? How much does the entire banking and credit card industry contribute to emissions for almost the same service? Bitcoin incentivises energy companies to mine BTC with excess energy.

statista.com - Bitcoin average energy consumption per transaction compared to that of VISA as of January 19, 2025

The current systems used by VISA use significantly less energy compared to PoW cryptocurrencies such as Bitcoin

I think I haven’t explained myself properly. I will admit it seems bitcoin uses more energy in this case. However, we’re comparing Bitcoins entire currency system with that of a processor of fiat. I’m on mobile right now but I would like to see that comparison for arguments sake, bitcoin ecosystem vs fiat ecosystem (including mining, storing and transport of gold)