Reports
Estimating Bitcoin Electricity Use: A Beginner’s Guide
Summarizing complexities and pitfalls in analyzing the electricity demand of new information technology, focusing on Bitcoin, the mostly widely used cryptocurrency
Perhaps the most exciting aspect of cryptocurrencies and distributed computing networks is that they are entirely open for experimentation. There’s no patent or copyright to license, no university or corporation from which to seek credentials, no exclusive membership fee to pay. Anyone with a computer and an Internet connection can develop and share her own currency, her own financial contracts and strategies, her own vision of the future. Greater openness means greater competition and innovation.
Summarizing complexities and pitfalls in analyzing the electricity demand of new information technology, focusing on Bitcoin, the mostly widely used cryptocurrency