Can Bitcoin mining increase renewable electricity capacity?& star;

【Author】 Bruno, August; Weber, Paige; Yates, Andrew J.

【Source】RESOURCE AND ENERGY ECONOMICS

【影响因子】3.553

【Abstract】Proponents of Bitcoin argue that demand for electricity from Bitcoin miners can lead to an increase in renewable electricity capacity. We rigorously evaluate this claim by estimating a Bitcoin electricity demand curve and include this demand curve in a long-run model of the Texas electricity market. We find that while Bitcoin mining can indeed increase renewable capacity, it also increases carbon emissions. When Bitcoin miners provide grid management services in the form of demand response, their emissions impact is largely mitigated.& COPY; 2023 Published by Elsevier B.V. This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

【Keywords】

【发表时间】2023 AUG

【收录时间】2023-08-09

【文献类型】实证数据

【主题类别】

区块链技术-核心技术-挖矿策略