Energy Use in Bitcoin Mining
The Environmental Impact of Cryptocurrencies
Series: Routledge Explorations in Energy Studies;
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69 273 Ft
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Estimated delivery time: In stock at the publisher, but not at Prospero's office. Delivery time approx. 3-5 weeks.
Not in stock at Prospero.
Why don't you give exact delivery time?
Delivery time is estimated on our previous experiences. We give estimations only, because we order from outside Hungary, and the delivery time mainly depends on how quickly the publisher supplies the book. Faster or slower deliveries both happen, but we do our best to supply as quickly as possible.
Product details:
- Edition number 1
- Publisher Routledge
- Date of Publication 15 April 2025
- ISBN 9781032569192
- Binding Hardback
- No. of pages168 pages
- Size 234x156 mm
- Weight 470 g
- Language English
- Illustrations 10 Illustrations, black & white; 10 Line drawings, black & white; 2 Tables, black & white 654
Categories
Short description:
This book provides a unique introduction to Bitcoin mining’s energy use and environmental impacts. Innovative and insightful, this book will be of interest to students, scholars and industry professionals researching and working in the areas of cryptocurrencies, economics, business and finance, engineering, energy and environmental studies.
MoreLong description:
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.
MoreTable of Contents:
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
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