CandleFocus Bill Maher Exposes Crypto’s “Dirty” Secret
2024-09-24
Author: Content Editor
Prominent American television host Bill Maher criticized the wastefulness of cryptocurrency mining during a recent episode of "Real Time with Bill Maher." Maher claimed that crypto takes away from the progress being made with green energy and noted that it uses 8% of total electricity. He compared the impact of cryptocurrency mining to putting 15.7 million gas-powered cars on the road. Environmental activists have long criticized the energy consumption of Bitcoin mining, which consumes more electricity than many countries. However, Bitcoin proponents argue that mining can actually help boost renewable energy. Maher has expressed his aversion toward crypto before, joking in 2022 about the risks of investing in real crypto. Despite these arguments, the general public tends to see cryptocurrency mining as harmful.
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