Outside of Bitcoin’s promise to disrupt traditional financial intermediaries through trustless peer-to-peer transactions via a distributed network, its purportedly high environmental impact could well be its most controversial facet.
This report presents a non-exhaustive, systematic overview of a cross-section of studies from the past three years that aim to contextualise and quantify the data pertaining to Bitcoin's energy consumption and environmental impact.
What will you discover?
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How the Bitcoin network's energy and emissions profile compares to other key industries
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Why Bitcoin's energy consumption is plateauing even as the network continues to expand
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What proportion of the Bitcoin network is powered sustainably and how this sustainable energy mix is evolving.
Who should read this report?
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Executives, companies, and organisations that provide digital transformation services or that wish to understand more about the market
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Governments, regulatory authorities, policymakers and financial organisations looking to adopt innovative digital technologies
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Researchers, analysts, educators, strategy managers, and investors looking for insights into the market to determine future strategies.
About the Author
JAMES MCKAY
Founder & Principal
James McKay is an independent research consultant with expertise in the design and end-to-end implementation of custom research projects and global trend analyses.
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As principal and founder of McKayResearch, he has 15 years’ experience providing strategic research services both to the world’s leading market intelligence firms and a growing portfolio of private clients that include legal consultancies and investment firms. His research instruments and analyses have been widely published by a variety of technology and business publications, including the Financial Times.
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On a personal level, James’s experience in varied sectors makes him at home with the multi-faceted application of digital assets and he is passionate about contributing to a greater understanding of the disruptive potential of this rapidly evolving space.