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