Bitcoin is a energy-hungry cryptocurrency that is extra and additional used as an funding and cost gadget. Here we display that projected Bitcoin usage, must quiet it note the run of adoption of alternative broadly adopted technologies, also can alone assemble enough CO2 emissions to push warming above 2 °C within much less than three decades.
Data availability
The authors show that every body info supporting the findings of this witness come in one day of the article, its Supplementary Data recordsdata and at https://github.com/moracamilo/Bitcoin/.
Code availability
Raw code used for this witness are publicly in the market online at https://github.com/moracamilo/Bitcoin/.
References
- 1.
Raupach, M. R. et al. Proc. Natl Acad. Sci. USA 104, 10288–10293 (2007).
- 2.
Kemp, L. Palgrave Commun. 3, 9 (2017).
- 3.
Cuthbertson, A. Bitcoin now popular by 100,000 retailers worldwide. Global Commercial Times (4 February 2015); https://streak.nature.com/2CcKFXs
- 4.
De Vries, A. Joule 2, 801–805 (2018).
- 5.
Bitcoin Energy Consumption Index (Digiconomist, 2017); https://digiconomist.rep/bitcoin-vitality-consumption
- 6.
Foteinis, S. Nature 554, 169 (2018).
- 7.
Global Payment Methods Peek 2016 (World Bank, 2016).
- 8.
Bass, F. M. Manag. Sci. 50, 1833–1840 (2004).
- 9.
NOAA-CIRES 20th Century Reanalysis V2c (NOAA, accessed 28 February 2018); https://streak.nature.com/2CDGaXg
- 10.
Global Carbon Funds (Global Carbon Project, accessed 28 February 2018); http://www.globalcarbonproject.org/carbonbudget/17/info.htm
- 11.
Meinshausen, M. et al. Climatic Commerce 109, 213–241 (2011).
- 12.
O’Dwyer, Ample. J. & Malone, D. Bitcoin mining and its vitality footprint. In 25th IET Irish Signals & Methods Convention 2014 and 2014 China-Ireland Global Convention on Data and Communities Technologies http://doi.org/cvqm (IEEEE, 2014).
- 13.
Skills Adoption by Households in the United States (Our Observe in Data, accessed 28 February 2018); https://streak.nature.com/2NCnUyj
- 14.
Consumer Credit ranking and Payment Statistics (Federal Reserve Bank of Philadelphia, accessed 28 February 2018); https://www.philadelphiafed.org/user-finance-institute/statistics
Acknowledgements
The authors bask in to thank the an infinite different of info providers named in the dietary supplements of this paper for making their info freely in the market. We additionally thank SeaGrant Hawaii for offering funds to procedure the computers used in these analyses. This paper become developed as segment of the graduate course on ‘Methods for Huge-Scale Analyses’ in the Division of Geography and Setting at the University of Hawai’i at M?noa.
Supplementary info
About this text
Cite this text
Mora, C., Rollins, R.L., Taladay, Ample. et al. Bitcoin emissions alone also can push global warming above 2°C.
Nature Clim Commerce 8, 931–933 (2018). https://doi.org/10.1038/s41558-018-0321-8
-
Printed:
-
Discipline Date:
