Energy Use in Bitcoin Mining by Benjamin A Jones
This book provides a unique introduction to Bitcoin mining’s energy use and environmental impacts. Bitcoin, the largest and most well-known cryptocurrency, has ignited the world of decentralized finance and digital currencies. However, Bitcoin has a major problem: it uses massive amounts of energy to produce or ‘mine’ the coins, and this energy use has tremendous environmental consequences. By recent estimates, Bitcoin mining’s global electricity use is larger than entire countries such as the Netherlands and Argentina. In this book, the authors explain the process by which Bitcoin is mined, why it requires significant energy, and what we know about where that energy comes from. It also explores the environmental impacts and associated monetary damages of this energy use. Further, the book presents the current state of scientific knowledge around these questions and provides original economic damage estimates from the authors and compares them to those of other goods and services. The book discusses links between Bitcoin and climate change, public health, air pollution, ‘e-waste’, water, and land use. It concludes by discussing alternative ways in which Bitcoin mining can be made green by using less energy, as well as the policy and regulatory challenges that may hinder progress toward this goal. Innovative and insightful, this book will be of great interest to students, scholars, and industry professionals who are researching and working in the areas of cryptocurrencies, economics, business and finance, engineering, energy, and environmental studies more broadly.-
Energy Images
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Consulting Energy
- The Energy Permacrisis
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Net Energy Analysis
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The Politics of Energy Security
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Smart Cities and Japan's Energy Transition
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The Energy Transition in Japan
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The Future of Liquified Natural Gas in a Decarbonising World
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Intergenerational Democracy, Environmental Justice and the Case of Nuclear Waste
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The Energy Trilemma in the Baltic Sea Region
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Energy Poverty and Vulnerability
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Local Energy Governance
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Energy Policy Design in the Eastern Mediterranean Basin
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Dilemmas of Energy Transitions in the Global South
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Renewable Energy for the Arctic
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Perspectives on Energy Poverty in Post-Communist Europe
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Renewable Energy Uptake in Urban Latin America
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Electricity and Energy Transition in Nigeria
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Wind and Solar Energy Transition in China
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Sustainable Energy Education in the Arctic
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Decarbonising Electricity Made Simple
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China and Gulf Cooperation Council Countries
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Energy Justice in Latin America
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China’s Low-Carbon Energy Relations with Emerging Markets
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European Energy Independence through Investing in Renewables
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Assembling Petroleum Production and Climate Change in Ecuador and Norway
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International Law and Renewable Energy Investment in the Global South
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Local Energy Communities
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Northern Indigenous Community-Led Disaster Management and Sustainable Energy
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Transitioning Fossil-Based Economies
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Energy Cooperation in South Asia
Benjamin A. Jones is Associate Professor of Economics at the University of New Mexico in Albuquerque, NM, USA. He is an environmental economist who researches the economic impacts of pollution and pollution exposure, especially as it relates to human health and well-being.
Andrew L. Goodkind is Associate Professor of Economics at the University of New Mexico in Albuquerque, NM, USA. He is an environmental economist specializing in modeling air pollution and its human health effects.
Robert P. Berrens is Regents Professor of Economics at the University of New Mexico in Albuquerque, NM, USA. He is an environmental economist with interests in environmental policy, climate change adaptation, non-market valuation, water resources management, and institutional issues.
| SKU | Unavailable |
| ISBN 13 | 9781032569208 |
| Title | Energy Use in Bitcoin Mining |
| Author | Benjamin A Jones |
| Series | Routledge Explorations In Energy Studies |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Routledge |
| Year published | 2025-05-01 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |