Policy assessments for the carbon emission flows and sustainability of Bitcoin blockchain operation in China

The growing energy consumption and carbon emissions of Bitcoin mining could potentially undermine global sustainability efforts. Here, the authors show the annual energy consumption of the Bitcoin blockchain in China is expected to peak in 2024 at 296.59 Twh and generate 130.50 million metric tons o...

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Autores principales: Shangrong Jiang, Yuze Li, Quanying Lu, Yongmiao Hong, Dabo Guan, Yu Xiong, Shouyang Wang
Formato: article
Lenguaje:EN
Publicado: Nature Portfolio 2021
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Acceso en línea:https://doaj.org/article/f4780b427f514c21b3a2ff0d7f61b36e
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Sumario:The growing energy consumption and carbon emissions of Bitcoin mining could potentially undermine global sustainability efforts. Here, the authors show the annual energy consumption of the Bitcoin blockchain in China is expected to peak in 2024 at 296.59 Twh and generate 130.50 million metric tons of carbon emissions.