The cryptocurrency mining business imposes a strong demand for the semiconductor industry products. I find a positive … Bitcoin and MSCI worldwide semiconductor index returns at lag 1. The stronger impact of the cryptocurrency bust cycle on the …

curve in a long-run model of the Texas electricity market. We find that while Bitcoin mining can indeed increase renewable …Proponents of Bitcoin argue that demand for electricity from Bitcoin miners can lead to an increase in renewable … electricity capacity. We rigorously evaluate this claim by estimating a Bitcoin electricity demand curve and include this demand …

This paper examines the economic mechanism of cryptocurrency mining. By presenting a profit function, a maximization … equilibrium is obtained. The model provides a formal approach to the demand for mining as a function of revenues, mining costs and … formulation of the price elasticity of the demand for hashing power with respect to the cost of energy. The model is simulated …

The cryptocurrency mining business imposes a strong demand for the semiconductor industry products. I find a positive … Bitcoin and MSCI worldwide semiconductor index returns at lag 1. The stronger impact of the cryptocurrency bust cycle on the …

There are numerous risks associated with mining and owning cryptocurrencies, and exploring and producing oil and … natural gas are highly risky, costly, and controversial. A marriage of digital mining and exploring and producing oil and …, crypto mining requires an enormous amount of electricity, which is not environmentally friendly. On the other hand, when …

price, Bitcoin halving events, and miner hardware were investigated for informed financial planning. In addition, a … utility rates. The ROI for using PV with Bitcoin mining was found to be negative for Toronto and Montreal because of low … individually optimized PV systems to power: 1) an individual Bitcoin miner, 2) a DIY intermodal shipping container holding 50 …

, electricity consumption, and mining revenue. Our model shows that the Bitcoin electricity consumption will not grow indefinitely …We propose a dynamic industry equilibrium model for Bitcoin electricity consumption in a general framework, including … Bitcoin miners’ optimal entry and exit with technology innovation. By adopting average operating costs as an approximation to …

This paper proposes a conceptual framework for the analysis of reward sharing schemes in mining pools, such as those … associated with Bitcoin. The framework is centered around the reported shares in a pool instead of agents and introduces two new …