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How green is my bitcoin?

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)
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: 23 Jul 2021 11:21
URI: http://eprints.lse.ac.uk/id/eprint/111260

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