Just In: CZ susține tehnologia minieră în criptografie spunând „Doar începutul”

After questions were raised over the efficiency and environmental effects of crypto mining, CZ expressed confidence in the technology. Comparing Bitcoin mining with the energy usage of traditional financial companies, he said the mining process is more efficient. “This is just the beginning,” he affirmed, arguing that Bitcoin’s sustainability is important for the ecosystem.

Crypto’s Sustainability, Its Importance

When asked about the importance of crypto’s sustainability, Binance chief executive officer CZ said it is extremely important. He added that it is all the more reason why crypto should be adopted. CZ said no other asset of Bitcoin’s caliber could survive with lesser efficiency. He also said Bitcoin is far more efficient than any other modes.

„Orice activ de un trilion de dolari necesită mult mai multă energie decât puterea minieră a Bitcoin doar pentru a-l susține. Cred cu tărie că mineritul Bitcoin este mult mai eficient decât oricare dintre celelalte moduri folosite pentru a gestiona orice alt tip de active.”

CZ stressed on the fact that energy costs of other assets are not easy to calculate. Taking the example of major banks in big cities, the Binance CEO said their energy costs are difficult to assess. “How much electricity do banks consume? I don’t know.” On the contrary, Bitcoin is transparent in that it’s mining costs are easy to calculate, he explained. But the transparency doesn’t necessarily make crypto a bad asset.

“Bitcoin Just The Beginning”

Earlier this year, Tesla CEO said he was exploring tapping into the renewable energy use for Bitcoin mining. He indicated at the time that there was need to bring in green energy usage for mining. Adding to this, CZ spoke about efficiency of Bitcoin mining. He said Bitcoin mining was relatively more efficient than that of banks.

“Bitcoin is just the beginning. We now have many blockchains with a thousand times more efficient than Bitcoin. The blockchain is the most efficient technology to organize money to transfer value to organize finances by far.”

Anvesh raportează evoluții majore în ceea ce privește adoptarea cripto-ului și analiza prețurilor. Fiind asociat cu industria din 2016, Anvesh este un susținător puternic al tehnologiilor descentralizate. Urmăriți-l pe Anvesh pe Twitter la @AnveshReddyBTC și contactați-l la

Conținutul prezentat poate include opinia personală a autorului și este supus condițiilor pieței. Faceți cercetările de piață înainte de a investi în criptomonede. Autorul sau publicația nu își asumă nicio responsabilitate pentru pierderea dvs. financiară personală.