Fantazzini, Dean; Kolodin, Nikita - In: Journal of risk and financial management : JRFM 13 (2020) 11/263, pp. 1-29
This paper investigates the relationship between the bitcoin price and the hashrate by disentangling the effects of the energy efficiency of the bitcoin mining equipment, bitcoin halving, and of structural breaks on the price dynamics. For this purpose, we propose a methodology based on...
