Can Bitcoin Stop Climate Change? Proof of Work, Energy Consumption and Carbon Footprint (SoK)

The Energy Consumption of Proof-of-Stake Systems: Replication and Expansion

“…Insofar GHG emissions are assumed to be the same, which may not be the case [3]. 0.02095 kWh and 0.0007188724 kWh, which compares to the rangles expected by Platt et al [4, p. 1139].…”

“…The discussion is characterised by arguably three dimensions. First, the debate around whether PoW mining should be considered environmentally harmful or environmentally friendly due to its energy-intensiveness or its non-rival consumption of energy, respectively [2], [3]. Second, the interest in PoS as an alternative DLT consensus mechanism requiring significantly less energy consumption [4].…”

“…Nevertheless, this is an energy-intensive process. Although this very feature is by design, it has led to criticism [2], [3].…”