Submitted on Sunday 27th May 2018
Rejected on Monday 4th June 2018
Current status: Rejected
Rejection code: duplicate (see below for details)
Outlaw cryptocurrency transactions and mining on environmental grounds
In 2017 it was found that one Bitcoin transaction used as much energy as a domestically occupied house in a week.[1] Currently there are two transactions per second[2] and climbing.[3] Outlaw cryptocurrency transactions and CPU mining to prevent environmental damage and energy price inflation.
[1] "One Bitcoin Transaction Now Uses as Much Energy as Your House in a Week"
https://motherboard.vice.com/en_us/article/ywbbpm/bitcoin-mining-electricity-consumption-ethereum-energy-climate-change
[2] https://blockchain.info/charts/transactions-per-second
[3] "In [Nov '17], the power consumed by the entire bitcoin network was estimated to be higher than that of the Republic of Ireland."
https://www.theguardian.com/technology/2018/jan/17/bitcoin-electricity-usage-huge-climate-cryptocurrency
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The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
petition.parliament.uk/petitions/210958
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