Bitcoin Mining Faces Heat: Environmental Impact, Legal Challenges, and Global Competition

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26.05.2025 173 times read 5 Comments

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LOL so Bitfarms now is in the big dramas with lawsuit n losing 30% and all that? But also is it true that Pakistan is just giving away 2000 watts to mine bitcoin, I mean that must be alot of computer pluged ins. And what even is a class action anywyas, will Bitfarms go bankruot or just pay a fine? Shares shuld bounce back if bitcoin price up again so mayb its all just some hype.
I didnt no that Bitcoin uses as much energy as Denmark, that sound so crazy tbh. Also i read somewhere that Ethereum went POS but guess most pepole still think bitcoin safer, maybe cos of the “Byzantium” thing? But then if so much is from fossils, does that mean price only go up if more coal is burned? Kinda hard to belive its worth it, seem like all that heat is just waste unless you can warm up ur house.
So what even is the point of that PoW and PoS stuff nobody wants to use it if it just eat up electrcty all day, ethurium switched and bitcoing just says no thanks ‘cause scared for hackrs right, but i dont get how can it be worse than burning more coal??
Honestly, the whole thing with Pakistan is pretty wild – 2,000 megawatts is massive compared to what most countries allocate for mining. I’m curious how that's gonna shift the competition, especially with Bitfarms already in legal hot water and their shares tanking. Also, kinda weird that nobody’s talking about what happens to local energy prices when a huge chunk gets used for mining like this. Feels like there’s a lot under the surface with these mining booms we don’t see yet.
The Pakistan angle is wild, nobody's talking about what this means for smaller miners everywhere. If they really go full steam with 2,000 MW, that's going to push electricity costs and competition to a whole new level. I wonder how companies like Bitfarms can keep up against that kind of cheap power. This could make or break a lot of the miners we know today.
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