Nezakonito pridobivanje premoga na Kitajskem je spodbudilo prepoved rudarjenja Bitcoinov

Rising cases of illicit coal extraction played a part in the recent Bitcoin mining ban in China, a report on business outlet Bloomberg said today. An estimated 65% of the world’s Bitcoin mining took place in China as of April last year.

Climate warrior

Officials of the country said last week they would target and ‘ban’ miners after rising energy and climatic concerns amidst President Xi Jinping’s push to reduce China’s carbon footprint and pojdi zelen. The comments caused a near 40% decline in the crypto markets shortly afterward.

Rudarjenje za nepoznavalce uporablja ogromen računalniški sistem, ki vsako sekundo reši milijone zapletenih izračunov za preverjanje transakcij v Bitcoin omrežju (postopek, znan kot "dokaz o delu").

To zahteva ogromno energije za vzdrževanje, hlajenje in delovanje strojev. Toda nekateri pravijo, da je vir tega prek proizvajalcev energije iz premoga in fosilnih goriv, ​​zato za seboj pušča velik ogljični odtis, ki svetu na videz ne koristi.

China is trying to battle just that. The country has largely tried to reduce its carbon footprint in the past decade via the installation of renewable energy plants and massively promoting the use of electric vehicles. But Bitcoin mining presents adversity in those attempts.

Less coal no Bitcoin

According to the report, officials concluded that the spike in electricity consumption from mining farms used for Bitcoin were behind the rising demand for coal in parts of China. That, in turn, caused coal producers to restart their plants to meet demand without regulatory clearance, leading to higher safety risks and a surge in fatal accidents in 2021.

Mining was, so far, allowed to operate in a gray area in inner China, where the cool weather and cheap, skilled labor supported such operations and brought in revenue to these regions. However, environmental concerns soon caught up and fueled last week’s threats of a crackdown.

Bitcoin je pravzaprav zelo centraliziran, z nadmladino, ki jo nadzira peščica velikih rudarskih podjetij.

En sam premogovnik v Xinjiangu je poplavil, skoraj ubil rudarje, stopnja razpršitve Bitcoinov se je zmanjšala za 35%. Se vam zdi "decentralizirano"?https://t.co/Oom8yzGRNQ

- Elon Musk (@elonmusk) Maj 16, 2021

Meanwhile, miners elsewhere are starting to turn to renewable and alternative sources to power their Bitcoin rigs. Tuesday saw Tesla CEO Elon Musk state the formation of the ‘Svet za rudarstvo bitcoinov,’ a consortium of American miners who pledge to reduce the climatic impact of mining.

Some others claim to already have gone fully carbon-neutral: “Blockcap’s digital asset mining operations are 100% net carbon-neutral now, and we will always continue to strive to set the standard for the highest levels of sustainability,” said Darin Feinstein, the founder of mining firm Blockcap, in a statement to CryptoSlate. After all, one’s loss is another’s gain.

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Source: https://cryptoslate.com/illegal-coal-extraction-in-china-spurred-bitcoin-mining-ban/