Cookies?
Library Header Image
LSE Research Online LSE Library Services

How green is my bitcoin?

Walker, Martin C. W. (2021) How green is my bitcoin? LSE Business Review (25 May 2021). Blog Entry.

[img] Text (businessreview-2021-05-25-how-green-is-my) - Published Version
Download (66kB)

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)
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: 19 Jun 2025 08:57
URI: http://eprints.lse.ac.uk/id/eprint/111260

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year

View more statistics