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,...

Building on an economic model of rational Bitcoin mining, we measure the carbon footprint of Bitcoin mining power consumption using feed-forward neural networks. After reviewing the literature on deep learning methods, we find associated carbon footprints of 3.8038, 23.8313 and 19.83472 MtCOe...