According to the new preprint implementation According to researchers from Open Universiteit, University of California Berkley, and Radboud University, the majority of the literature on blockchain energy use, from academic and everyday sources, is “not the scientific rigor expected of a mature scientific field. It lacks sex.” The report analyzed 128 scientific and open source studies related to the carbon emissions of blockchains such as Bitcoin.
Researchers then found that a staggering 34% of studies didn’t even have a clear study design. Meanwhile, 43% of his studies did not share data, while 67% did not share source code. Finally, 79% of studies did not discuss the reliability of external data.
Several notable fallacies throughout the study were found in the researchers’ analyses.First, blockchain energy research usually cites data We draw conclusions from the Cambridge Bitcoin Power Consumption Index. However, the source explicitly states that it only gets about 32% to 37% of all computing power in the network.
Several notable fallacies throughout the study were found in the researchers’ analyses. First, blockchain energy research usually cite data and draw conclusions from the Cambridge Bitcoin Power Consumption Index. However, the source explicitly states that he gets only 37% out of about 32% of all computing power in the network.
Second, the validity of electricity tariffs used in such studies has been questioned. The researchers found that a significant portion of the research had no “hard” assumptions about the cost of electricity used in cryptocurrency mining. In addition, there is considerable uncertainty in research on power usage efficiency selection.
Finally, the researchers flagged the validity of blockchain’s carbon emission claims. In some studies, early researchers simply extrapolated carbon emissions data for 2014-2014, 2019-2021, 2015-2020, etc., without empirical evidence. It turns out that only
The report called for discussing the reliability of models for assessing the environmental impact of blockchain. The cryptocurrency community remains very divided when it comes to assessing the carbon footprint of blockchain. Miami Mayor Francis Suarez says 90% of his energy comes from Bitcoin mining. come from dirty energy. Others say that the network less than 0.08% of global carbon dioxide production.
