Bitcoin’s Carbon Footprint Revisited: Proof of Work Mining for Renewable Energy Expansion

While blockchain and distributed ledger technology offer immense potential for applications in transparency, security, efficiency, censorship resistance, and more, they have been criticized due to the energy-intensive nature of the proof of work consensus algorithm, particularly in the context of Bi...

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Bibliographic Details
Main Authors: Juan Ignacio Ibañez, Alexander Freier
Format: Article
Language:English
Published: MDPI AG 2023-08-01
Series:Challenges
Subjects:
Online Access:https://www.mdpi.com/2078-1547/14/3/35