How green is my bitcoin?
Walker, M. C. W.
(25 May 2021)
How green is my bitcoin?
LSE Business Review.
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 | Blog post |
|---|---|
| Copyright holders | © 2021 The Author |
| Departments | LSE |
| Date Deposited | 23 Jul 2021 |
| URI | https://researchonline.lse.ac.uk/id/eprint/111260 |