CRYPTOASSETS AND THEIR IMPACT ON CLIMATE CHANGE

Over more than a decade, the crypto-assets market has successfully attracted a diverse user base worldwide. As this digital ecosystem expanded, concerns regarding its substantial energy consumption and its association with environmental harm became increasingly prevalent. In this context, we pose th...

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Autor principal: Miliá, Daniel
Formato: Artículo publishedVersion
Lenguaje:Español
Publicado: Centro de Investigación en Métodos Cuantitativos Aplicados a la Economía y la Gestión (CMA) 2023
Materias:
Acceso en línea:https://ojs.economicas.uba.ar/RIMF/article/view/2938
https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=modelfin&d=2938_oai
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spelling I28-R145-2938_oai2025-02-11 Miliá, Daniel 2023-12-14 Over more than a decade, the crypto-assets market has successfully attracted a diverse user base worldwide. As this digital ecosystem expanded, concerns regarding its substantial energy consumption and its association with environmental harm became increasingly prevalent. In this context, we pose the pivotal question: How does the energy intake of main cryptoassests reflects on climate change? To address this inquiry, we conducted a descriptive literature review, drawing from scientific articles and reports from specialized centers to analyze their carbon footprint. Finally, we examined how Bitcoin mining surpasses the energy consumption of entire nations like Finland or Belgium, while Ethereum has managed to mitigate its greenhouse gas emissions by transitioning to the Proof of Stake consensus protocol, thereby demonstrating a more sustainable approach for development. A lo largo de más de una década, el mercado de criptoactivos ha logrado atraer a una amplia base de usuarios a nivel mundial. Con el crecimiento de este ecosistema digital, han surgido especulaciones cada vez más frecuentes acerca del considerable consumo energético asociado y su correlación con el daño ambiental. En este contexto, planteamos la siguiente interrogante: ¿cómo se muestra el consumo energético de las principales criptomonedas en el cambio climático? Con el fin de abordar esta interrogante, se estableció como objetivo primordial examinar el consumo energético derivado del uso de estos instrumentos. Para este propósito, se llevó a cabo una revisión bibliográfica descriptiva basada en artículos científicos e informes de centros de estudios especializados que analizaron su influencia en la huella de carbono. Por último, examinamos cómo la minería de Bitcoin supera en consumo energético a naciones enteras, como Finlandia o Bélgica, mientras que Ethereum ha logrado mitigar sus emisiones de gases de efecto invernadero mediante la transición al protocolo de consenso “Proof of Stake” (prueba de participación), evidenciando así un enfoque más sostenible para el desarrollo. application/pdf https://ojs.economicas.uba.ar/RIMF/article/view/2938 10.56503/rimf/Vol.2(2023)p.49-60 spa Centro de Investigación en Métodos Cuantitativos Aplicados a la Economía y la Gestión (CMA) https://ojs.economicas.uba.ar/RIMF/article/view/2938/3789 https://creativecommons.org/licenses/by-nc-nd/4.0/ Revista de Investigación en Modelos Financieros; Vol. 2 (2023): Revista de Investigación en Modelos Financieros; 49-60 2250-6861 2250-687X Criptoactivos. Minería. Bitcoin. Cambio climático Cryptoassests. Mining. Bitcoin. Climate Change. CRYPTOASSETS AND THEIR IMPACT ON CLIMATE CHANGE Criptoactivos y su incidencia en el cambio climático info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=modelfin&d=2938_oai
institution Universidad de Buenos Aires
institution_str I-28
repository_str R-145
collection Repositorio Digital de la Universidad de Buenos Aires (UBA)
language Español
orig_language_str_mv spa
topic Criptoactivos. Minería. Bitcoin. Cambio climático
Cryptoassests. Mining. Bitcoin. Climate Change.
spellingShingle Criptoactivos. Minería. Bitcoin. Cambio climático
Cryptoassests. Mining. Bitcoin. Climate Change.
Miliá, Daniel
CRYPTOASSETS AND THEIR IMPACT ON CLIMATE CHANGE
topic_facet Criptoactivos. Minería. Bitcoin. Cambio climático
Cryptoassests. Mining. Bitcoin. Climate Change.
description Over more than a decade, the crypto-assets market has successfully attracted a diverse user base worldwide. As this digital ecosystem expanded, concerns regarding its substantial energy consumption and its association with environmental harm became increasingly prevalent. In this context, we pose the pivotal question: How does the energy intake of main cryptoassests reflects on climate change? To address this inquiry, we conducted a descriptive literature review, drawing from scientific articles and reports from specialized centers to analyze their carbon footprint. Finally, we examined how Bitcoin mining surpasses the energy consumption of entire nations like Finland or Belgium, while Ethereum has managed to mitigate its greenhouse gas emissions by transitioning to the Proof of Stake consensus protocol, thereby demonstrating a more sustainable approach for development.
format Artículo
publishedVersion
author Miliá, Daniel
author_facet Miliá, Daniel
author_sort Miliá, Daniel
title CRYPTOASSETS AND THEIR IMPACT ON CLIMATE CHANGE
title_short CRYPTOASSETS AND THEIR IMPACT ON CLIMATE CHANGE
title_full CRYPTOASSETS AND THEIR IMPACT ON CLIMATE CHANGE
title_fullStr CRYPTOASSETS AND THEIR IMPACT ON CLIMATE CHANGE
title_full_unstemmed CRYPTOASSETS AND THEIR IMPACT ON CLIMATE CHANGE
title_sort cryptoassets and their impact on climate change
publisher Centro de Investigación en Métodos Cuantitativos Aplicados a la Economía y la Gestión (CMA)
publishDate 2023
url https://ojs.economicas.uba.ar/RIMF/article/view/2938
https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=modelfin&d=2938_oai
work_keys_str_mv AT miliadaniel cryptoassetsandtheirimpactonclimatechange
AT miliadaniel criptoactivosysuincidenciaenelcambioclimatico
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