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how much is 0.002 bitcoin

Bitcoin is US Dollars as of PM At Myfin online currency converter you can find BTC to USD chart, exchange rate stats. Curious to find trustworthy bitcoin casinos online? many others like to use crypto to play real online casino games. Crypto-related stocks are gaining some upside momentum Wednesday UBS are predicting that the consumer price index (CPI) could rise from. DEFLATIONARY CRYPTOCURRENCIES LIST

The situation is just as positive when turning to other forms of online casino game entertainment. Card players get a selection of poker, baccarat, blackjack and more, while the bitcoin roulette section is impressive as well. Best of all, live bitcoin casino games provided by cream of the crop providers like Evolution, where you can play extravaganzas like Crazy Time — in short, there is some excellent live gaming here. CryptoVegas is a site that likes to chop and change promotions, so it it pays to check what the current offers are when signing up.

A similar deal is the Booongo Summer Dessert comp which has a prize pool of 2. It may be possible for some players to deposit via other currency methods as well. If so, their balance is converted to active currency equivalents. Deposits appear instantly in players accounts, and the minimum amounts are 0. Being a modern online casino means CryptoVegas does not offer a phone line.

However, getting in touch presents no issues since the site can be contacted via Telegram, Viber, Live Chat, or by email. CryptoVegas also has a clear, concise FAQ section where helpful information can be found. Otherwise, the four methods mentioned above are there for further queries.

CryptoVegas might be relatively new, but it already has a lot to commend. For players looking to gamble online with crypto, it is worth taking a look at its services and see what there is to offer. Positives include a gaming license and a focus on safe, responsible gambling, which is always nice to see. The games section, too, is a plus point owing to its size and the presence of big-name providers. All in all, there is plenty to like about CryptoVegas, and it will be interesting to see how it progresses.

Sign in. Log into your account. Password recovery. Saturday, April 16, Environmental disaster : The energy usage of bitcoin alone is staggering, consuming as much electricity as some countries, and this is likely to keep increasing as the technology behind it does not and cannot scale in any reasonable way.

While so many of us are trying our best to reduce our carbon footprints, it feels counterproductive to indulge in technology that undoes that hard work. Given the proven cryptocurrency forum canvassing actively going on, and its speed, could we agree that this RFC has all single purpose account edits reverted. Though it is often normal to just mark accounts which are clearly part of a canvassing campaign, the manipulation of this RFC by off-wiki canvassing has been fast and significant, with the risk that both vote gaming and manipulation of discussion to introduce bias and fake "bitcoin" news, will disrupt and confuse the outcome.

Frankly the page already looks a mess from this manipulation. A radical thought experiment can provide an alternative perspective on this question. In this worst-case scenario, the Bitcoin network would be responsible for about Mt million metric tons of carbon dioxide emissions1, accounting for roughly 0. Bitcoin uses 80 per cent more energy than it did at the beginning of The Cambridge Centre now estimates the annualized electricity consumption at the beginning of was Much despite not all of the rationale for this proposal and the discussion is about environmental burden of cryptocurencies.

Much is focused on quantifying the environmental impact specifically of Bitcoin BTC. But, as colleagues above have already mentioned, Bitcoin is not the only one available cryptocurrency. And many more cryptos are by principle significantly less damaging. A quick web search shows e. Also, an extensive article from leafscore. Some of these are declared to be carbon neutral, some wants to become carbon neutral, some uses its fees for planting trees.

Some are even very competitive in energy usage to the traditional banking system even if not calculating oil backed petrodolars So, if environmental sustainability is really so important to us as we declare and I hope so , we have some decent options for reforming our crypto acceptance, rather than destroying it.

Another section relying on "sources" that turn out to be opinion pieces. No published academic research here, just claims and counter-claims which even the cited but paywall protected "Times" money mentor article states as dubious and nothing as firm as the United Nations statement that directly compared a Bitcoin transaction energy cost to a Visa transaction energy cost as being a million times more. These discussions now read like a Bitcoin forum, full of non-scientific claims sourced to incomprehensible hand-waiving cryptocurrency advertorial self-publications.

These are identical to the distract, confuse, counter-claim tactics of climate denial "science" a decade ago and mostly irrelevant to what are allowed as current donation methods to the Wikimedia Foundation which this vote is supposed to be about. Anonymous donations work without relying on cryptocurrencies, there's no convincing reasoning based on real reliable sources or evidence in these multiple discussion threads, that changes basic facts or proves that Bitcoin is somehow preferable to a Paypal donation.

However there is plenty of unfactual chaff and confusion, which may be effective at gaming the vote outcome here. This means that the number of transactions within a block has no impact on its energy expenditure: for a given difficulty level, a full block containing thousands of transactions has the same electricity footprint as an empty block with no transactions.

The cost per transaction has increased significantly over time, due to the value of bitcoins increasing disproportionate to the number of transactions. Some point to this as an inherent inefficiency in Bitcoin, and others expect that market forces will balance this over time at the agreed market value of a Bitcoin transaction. The analysis provides insights for identifying potential focus areas, plus a misalignment between the guiding SoS [system of systems] level organization, the Bitcoin Foundation, and their support for an even playing field of competition between cryptocurrencies, in the same way that Bitcoin wants to compete against traditional options.

There is potential to capitalize on differing approaches in deflationary or inflationary coin supplies to provide robustness to the overarching goals outlined in the original architecture specification. These decisions are likely to not be in line with what is the best for Bitcoin or the speculative investors, but the entire system of systems could be better off for it.

First, the use of transactions as the driver of future Bitcoin emissions is questionable, given the tenuous correlation between transactions and mining energy use. It is well established that energy use is driven by the computational difficulty of the blocks mined whereas the number of transactions per block can evolve for example, via SegWit with no direct effect on block mining difficulty.

The authors themselves calculate Bitcoin energy use and emissions in on the basis of block difficulty, not the number of transactions. Without explanation, the authors switch to transactions as the driver for projecting future emissions, undermining their methodological consistency and the integrity of their projections.

The noise about proof of work's environmental impact originates from the Digiconomist, which is authored by an employee of the Dutch Central Bank. In case you don't see the obvious bias conflict, the main idea behind Bitcoin is that it is a decentralized alternative to central banking.

The Digiconomist is a propaganda outlet of the central bank system that is the dominant economic paradigm today that got us into the over-consuming environmental mess that we find ourselves today. They completely mislead the public as to how Bitcoin works: the notion of a "per transaction cost" is nonsensical, because one transaction on the blockchain could represent millions of real-world transactions, through transaction batching and layer 2 payment networks.

There is no way of knowing the true number of transactions. Bitcoin is the solution, not the problem -- fix the money, fix the world. The environmental FUD levelled at Bitcoin and Proof of Work has been debunked over and over again by those who actually understand Bitcoin and it's integration with the global energy markets. Bitcoin is a net positive for the environment, subsidizing the deployment of renewable energy production and directly reducing GHG emissions in the oilfield.

As civilization progresses, we need to and will produce more -- not less -- energy. Bitcoin will play a vital role in subsiding sustainable energy rollout in global energy markets, in spite of the FUD being propagated by the incumbent financial powers and the misinformed who believe their lies. We believe concerns about the high-energy intensity of Bitcoin mining are overstated, and the technology can play a less-acknowledged but important role in promoting financial inclusion.

Bitcoin's carbon emissions are low compared to its market value, implying that Bitcoin is characterized by a lower carbon intensity than the average asset in the portfolio. Thus, an isolated focus on Bitcoin's absolute carbon emissions can be highly misleading from an investment and portfolio perspective Importantly, in contrast to the widespread negative perception of Bitcoin in the climate change debate, we also find that Bitcoin investments can be less carbon intensive than standard equity investments.

The addition of Bitcoin to a diversified equity portfolio can thus lower the portfolio's aggregate carbon footprint. With bitcoin it is at least theoretically possible to perform monetary transactions using exclusively FLOSS software, without the use of a centralized proprietary infrastructure. The proposal conflates the existence of Bitcoin to merely using it. The proposal does not demonstrate that dropping acceptance of Bitcoin or other cryptocurrency will actually have an effect.

As a technical matter, there is no direct relationship between making a Bitcoin transaction and energy usage that's significantly more than the domestic banking system. Besides being a purely subjective point that doesn't belong here, you risk your reputation by taking damaging political stances like this. For these reasons, the RfC should be revised and resubmitted.

Point 2 needs evidence that the call to action will accomplish the stated goal; points 1 and 3 should be withdrawn. Please see the reliable sources section below, rather than just disputing the one source. Plenty of high quality sources publish the fact that Bitcoin is a significant contributor to climate change and unethical energy waste, at the level of disrupting economies of entire countries. Advocating that the Wikimedia Foundation must continue to accept the use of Bitcoin, and tacitly supporting its use, should at least have the same quality of reliable sources to justify that decision, rather than repeating and relying on PR spin and rhetoric from lobbyists, which most of the input on that side of the discussion so far seems to boil down to.

We further calculate that the resulting annual carbon emissions range between The magnitude of these carbon emissions, combined with the risk of collusion and concerns about control over the monetary system, might justify regulatory intervention to protect individuals from themselves and others from their actions.

We determine the annual electricity consumption of Bitcoin, as of November , to be This means that the emissions produced by Bitcoin sit between the levels produced by the nations of Jordan and Sri Lanka, which is comparable to the level of Kansas City. In the light of the disruption resulting from single purpose accounts dropping in to vote and add to discussions, but these boiling down to rhetoric which on examination has zero reliable sources, here are a few more reliably independent sources and correctly peer reviewed publications that could be quoted to support various viewpoints and may help go beyond PR spin from "business centres", website FAQs or "opinion" pieces being reprinted for catchy headlines.

Maybe others voting in this discussion have high quality sources not just opinion pieces from those paid to lobby for bitcoin and peer reviewed sources they can recommend:. But the global chip shortage means semiconductor foundries like Taiwan Semiconductor Manufacturing Co. They are also cautious about adding new capacity given how finicky crypto demand has proven to be. It is my understanding that the Wikimedia Movement wants to be a global movement.

Thus I believe the fact that Bitcoin is legal tender and therefor an official currency in El Salvador should be taken into consideration when making a decision. I could not find that Wikimedia Foundation has active chapters in El Salvador.

However if we did have a chapter there it is my understanding that we would legally be required to accept Bitcoin in El Salvador. Also while looking at that page I wonder weather Wikimedia Foundation accepts all other official currencies of sovereign Nations or are there some currencies which are not accepted at all?

If so, why not? Currently, Accessing or sponsoring Wikipedia, or international non-profit organizations in general, is not exactly legal in a number of countries. Cryptocurrency is a way of contribution that allow individuals from those countries to made donation, without having to worry about their own personal information on the donation being revealed to the national government through the national banking system, and thus is a safer and lower risk option for them.

Not everyone living in such countries are in total poverty. Eliminating cryptocurrency as a mean of donation would increase the personal risk of donors coming from individuals in those countries, and this in my opinion is extremely undesirable. Identity of the donor will still be retained by the payment processor, however that payment processor is most likely in a different country from those aforementioned, and thus wouldn't have as much risk of donor personal information being revealed to relevant national governments.

C talk , 17 January UTC [ reply ]. Reading this thread is frustrating. I am one of those "small number of people" who make donations by crypto. I do not have any access to banking services. But in many parts of the world it is a powerful tool of financial inclusion and also the most economical and reliable way to send money.

WMF could demonstrate its environmental commitment by encouraging newer crypto technologies such as Nano XNO while discouraging high-energy and high-fees BTC and ETH, which aren't really suited for donating small amounts anyway. If you need further proof that PoS cryptocurrencies should at least be considered, here's an extract from an article in today's Financial Times archive :.

The WWF published a well-sourced article about the "sustainability" of the Polygon blockchain network, I'm not familiar with this blockchain network and not particularly a fan of NFTs but it's worth a read. Proof-of-stake cryptocurrencies are better than Proof-of-work in terms of energy usage, but they still consume large amounts of energy compared to more traditional payment systems because everyone needs to process and store everyone's payments.

Additionally they suffer from all the other disadvantages all cryptocurrencies have, like Cryptocurrencies are only a tool for crime and a financial scam. Per Wikipedia citing The Economist and two seemingly reliable sources :. The United States dollar is the de facto world currency. The petrodollar system originated in the early s in the wake of the Bretton Woods collapse. President Richard Nixon and his Secretary of State, Henry Kissinger, feared that the abandonment of the international gold standard under the Bretton Woods arrangement combined with a growing U.

In a series of meetings, the United States and the Saudi royal family made an agreement. The United States would offer military protection for Saudi Arabia's oil fields, and in return the Saudi's would price their oil sales exclusively in United States dollars in other words, the Saudis were to refuse all other currencies, except the U. Given the massive environmental impact of oil, should we stop accepting USD donations?

Abcd9 talk , 19 January UTC [ reply ]. On January 22nd, the Central Bank of Russia proposed to ban crypto mining, officially due to perceived risks to the country's energy supply. The FSB convinced the Central Bank to ban cryptocurrencies in Russia as they are used to finance the opposition and independent media. Bloomberg , Meduza. Abcd9 talk , 20 January UTC [ reply ]. The Central Bank said "speculative demand" is driving the rapid growth of decentralized cryptocurrencies and risks creating a bubble in the market.

Bloomberg earlier cited sources as saying that Russia's domestic security agency, the FSB, had lobbied central bank head Elvira Nabiulina for a ban. The FSB cited concerns over Russians frequently using the hard-to-trace transactions to support "undesirable organisations", such as opposition groups.

In a Cointelegraph article published today, they write,. Following a proposal from users to stop accepting crypto donations to Wikimedia Foundation, the nonprofit confirmed that it would proceed with crypto donations.

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The creative crypto The site has quickly grown and click a solid number and range of casino games 0.002 bitcoin scratch the online gambling itch. Those disadvantages mean that cryptocurrencies are absolutely laughable as payment systems for legal commerce. It is my understanding that the Wikimedia Movement wants to be a global movement. Important Resources. While there have been occasional examples of cryptocurrency theft and hacking, none article source this has occurred at a casino. The makers of crypto. The WWF published how well-sourced article about the "sustainability" of the Polygon blockchain network, I'm not familiar with this blockchain network and not particularly a fan of NFTs but it's worth a read.
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