All the progress we're making with green energy is being "drained" by crypto? Not quite, Bill Maher. While I appreciate your comedy, your latest monologue against Bitcoin missed the mark.
Bitcoin mining isn't the villain it's made out to be. In fact:
â It only consumes 0.57% of the worldâs energy.
â Over 56% of that energy comes from renewable sources.
â Itâs ideal for creating a flexible baseload that supports renewable energy.
â It turns flared gas, which would otherwise be wasted, into a valuable resource.
â It utilizes methane from landfills, which is 28 times more harmful than CO2.
In reality, Bitcoin is leading the charge in driving humanity toward a future of clean, sustainable energy. Letâs put an end to the myth that Bitcoin is bad for the environment, once and for all.