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In this video, I discuss whether Bitcoin mining wastes water.
Bitcoin mining uses water-cooled facilities and sometimes hydroelectric power, just like data centers.
If Bitcoin mining wastes water, then so does the entire internet.
BBC articles like this may be driven by ulterior motives, given that they cite sources that work for the Dutch central bank.
Not investment advice! Consult a financial advisor.
BBC article on Bitcoin mining and water usage:
Alex de Vries works for the Dutch central bank:
KPMG’s positive report on Bitcoin and ESG:
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
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#esg
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