Energy Use in Bitcoin Mining : The Environmental Impact of Cryptocurrencies

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 ene...

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Bibliographic Details
Main Authors Jones, Benjamin A. (Author), Goodkind, Andrew L. (Author), Berrens, Robert P. 1962- (Author)
Format Electronic eBook
LanguageEnglish
Published London : Routledge, 2025.
SeriesRoutledge explorations in energy studies.
Subjects
Online AccessFull text
ISBN9781003437642
1003437648
9781040343869
1040343864
9781040343814
1040343813
9781032569192
Physical Description1 online resource : illustrations.

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245 1 0 |a Energy Use in Bitcoin Mining :  |b The Environmental Impact of Cryptocurrencies /  |c Benjamin A. Jones, Andrew L. Goodkind, Robert P. Berrens. 
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490 1 |a Routledge Explorations in Energy Studies 
505 0 |a 1. What is Bitcoin and How is it Mined? 2. A Feature and Not a Bug: Bitcoin Mining's Energy Use Problem 3. Bitcoin's Climate Emissions and Damages 4. Bitcoin's PM2.5 Air Pollution Damages 5. How Does Bitcoin's Climate Footprint Compare to Other Things? 6. Bitcoin Mining's Additional Environmental Impacts 7. Can Bitcoin Be Made Green? 8. Bitcoin Mining Regulation and its Discontents 
506 |a Plný text je dostupný pouze z IP adres počítačů Univerzity Tomáše Bati ve Zlíně nebo vzdáleným přístupem pro zaměstnance a studenty 
520 |a 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 the Netherlands and Argentina. In this book, the authors explain the process by which Bitcoin is mined, why it requires significant energy, and what we know about where that energy comes from. It also explores the environmental impacts and associated monetary damages of this energy use. Further, the book presents the current state of scientific knowledge around these questions and provides original economic damage estimates from the authors and compares them to those of other goods and services. The book discusses links between Bitcoin and climate change, public health, air pollution, 'e-waste', water, and land use. It concludes by discussing alternative ways in which Bitcoin mining can be made green by using less energy, as well as the policy and regulatory challenges that may hinder progress toward this goal. Innovative and insightful, this book will be of great interest to students, scholars, and industry professionals who are researching and working in the areas of cryptocurrencies, economics, business and finance, engineering, energy, and environmental studies more broadly. 
588 |a OCLC-licensed vendor bibliographic record. 
650 0 |a Cryptocurrencies  |x Environmental aspects. 
653 |a Bitcoin;proof-of-work;monetary damages;social cost of carbon;Bitcoin mining;energy and environmental impacts 
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655 9 |a electronic books  |2 eczenas 
700 1 |a Goodkind, Andrew L.,  |e author. 
700 1 |a Berrens, Robert P.  |q (Robert Patrick),  |d 1962-  |e author.  |1 https://id.oclc.org/worldcat/entity/E39PCjBCkk84Y6R67wG7r8kr4m 
830 0 |a Routledge explorations in energy studies. 
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