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BITCOIN GREENWASHING: No, Bitcoin mining isn t mostly powered by clean, renewable energy, but the cult-like self-delusion of Bitcoin apologists is itself a fascinating science experiment

Thursday, May 13, 2021 by: Mike Adams Bypass censorship by sharing this link: https://www.afinalwarning.com/518925.html (Natural News) Elon Musk just ignited a firestorm of controversy when he announced Tesla would not longer accept Bitcoin due to the environmental concerns related to Bitcoin mining and its gargantuan energy consumption. The pro-Bitcoin community erupted in a fierce backlash, claiming that most of Bitcoin’s energy usage comes from renewables, and that the more energy Bitcoin uses, the better it is for the world. As you might have suspected, however, both claims are patently false. Bitcoin uses enormous amount of energy, and most of it does not come from renewables, as you’ll see here. Such claims are little more than propaganda from Bitcoin propagandists who need to keep burning more coal to power their enormously wasteful Bitcoin mining ecosystem… but they want to pretend it’s all somehow “green.”

Elon Musk issues blow to bitcoin as Tesla backs away from crypto purchases

Elon Musk issues blow to bitcoin as Tesla backs away from crypto purchases Image: © Ascannio/Stock.adobe.com The price of bitcoin plunged following the Tesla CEO’s announcement that the company would no longer accept the cryptocurrency as payment. Electric vehicle-maker Tesla caused a stir when it announced earlier this year that it would begin accepting bitcoin for car purchases. In February, the company said it had bought $1.5bn in bitcoin and that it could go on to acquire and hold more digital assets. However, three months down the line, the company has pulled back on the cryptocurrency, announcing this week that it will no longer accept bitcoin for payment.

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