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Energy Use in Bitcoin Mining: The Environmental Impact of Cryptocurrencies

By Benjamin A. Jones, Andrew L. Goodkind, Robert P. Berrens
eBook
$61.99
By Benjamin A. Jones, Andrew L. Goodkind, Robert P. Berrens
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This book provides a unique introduction to Bitcoin mining’s energy use and environmental impacts. Bitcoin, the largest and most well-known cryptocurrency, has ignited the world of decentralized finance and digital currencies. However, Bitcoin has a major problem: it uses massive amounts of energy to produce or ‘mine’ the coins, and this energy use has tremendous environmental consequences. By recent estimates, Bitcoin mining’s global electricity use is larger than entire countries such as ...

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Social SciencesSocial Sciences - General & MiscellaneousDevelopmentSustainable Development