Ethereum Emissions: A Bottom-up Estimate
@article{McDonald2021EthereumEA, title={Ethereum Emissions: A Bottom-up Estimate}, author={Kyle McDonald}, journal={ArXiv}, year={2021}, volume={abs/2112.01238} }
The Ethereum ecosystem is maintained by a distributed global network of computers that currently require massive amounts of computational power. Previous work on estimating the energy use and emissions of the Ethereum network has relied on top-down economic analysis and rough estimates of hardware efficiency and emissions factors. In this work we provide a bottom-up analysis that works from hashrate to an energy usage estimate, and from mining locations to an emissions factor estimate, and…
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