Fantazzini, Dean; Kolodin, Nikita - In: Journal of risk and financial management : JRFM 13 (2020) 11/263, pp. 1-29
energy efficiency of the bitcoin mining equipment, bitcoin halving, and of structural breaks on the price dynamics. For this …This paper investigates the relationship between the bitcoin price and the hashrate by disentangling the effects of the … CPM when modeling its relationship with the bitcoin price. Moreover, the causality is always unidirectional going from the …