Walker, Martin (2021) How green is my bitcoin? LSE Business Review (25 May 2021). Blog Entry.
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Abstract
Green bitcoin has been proposed as a way to counter the excessive energy consumption and CO2 emissions of cryptocurrencies. However, Martin C.W. Walker writes that the whole idea that you can create a green type of bitcoin that would work alongside non-green ones is hard to maintain. That would mean ignoring the way the cryptocurrency “mining” system works. He finds a potential solution in a joke white paper by an author purporting to be Natoshi Sakamoto’s wife: a single ordinary server to process the same volume of transactions as the entire bitcoin network.
Item Type: | Online resource (Blog Entry) |
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Official URL: | https://blogs.lse.ac.uk/businessreview/ |
Additional Information: | © 2021 The Author |
Divisions: | LSE |
Subjects: | H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HG Finance |
Date Deposited: | 23 Jul 2021 11:21 |
Last Modified: | 11 Dec 2024 20:47 |
URI: | http://eprints.lse.ac.uk/id/eprint/111260 |
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