Journal articleAuthors : Calvo Pardo, Héctor F; Mancini, Tullio; Olmo, Jose (2022)
Building on an economic model of rational Bitcoin mining, we measured the carbon
footprint of Bitcoin mining power consumption using feed-forward neural networks. We found associated carbon footprints of 2.77, 16.08 and 14.99 MtCO2e for 2017, 2018 and 2019 based on a novel bottom-up approach, which (i) conform with recent estimates, (ii) lie within the economic model bounds while (iii) delivering much narrower prediction intervals and yet (iv) ...