The nonlinear relationship between bitcoin mining and carbon emissions in the context of renewable energy

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dc.contributor.authorKaratas, Ayyuce Memis
dc.contributor.authorKaratas, Emin
dc.contributor.authorKapusuzoglu, Ayhan
dc.contributor.authorCeylan, Nildag Basak
dc.date.accessioned2024-11-07T10:40:25Z
dc.date.available2024-11-07T10:40:25Z
dc.date.issued2023
dc.departmentNiğde Ömer Halisdemir Üniversitesi
dc.description.abstractThis chapter presents an overview of the Bitcoin and its impacts on the environment and economics from the viewpoint of carrying out a systematic analysis of the literature related to the environmental and economic effect of digital currency. It is aimed to summarize and critically examine the points of view regarding Bitcoin mining, considering its effects on global warming and the social environment, employing peer-reviewed data associated through literatures. As a result, this study provides the chance to analyze the set of knowledge regarding the effects of the Bitcoin mining procedure on the ecosystem in regard to energy use and CO2 emissions regarding unit root tests and causality test based on nonlinear models. The results show that there exists a nonlinear causal relationship between statistics on Bitcoin mining and the CO2 emissions. The results also imply that Bitcoin remains to be a tool utilized in the economic environment for a range of objectives despite high energy consumption and some negative environmental impact within the scope of renewable energy; hence, authorities would take Bitcoin mining impacts into account to reduce CO2 emissions. © Ayyuce Memis Karatas, Emin Karatas, Ayhan Kapusuzoglu and Nildag Basak Ceylan.
dc.identifier.doi10.1108/978-1-80382-883-120231010
dc.identifier.endpage139
dc.identifier.isbn978-180382883-1978-180382884-8
dc.identifier.scopus2-s2.0-85174218886
dc.identifier.scopusqualityN/A
dc.identifier.startpage127
dc.identifier.urihttps://doi.org/10.1108/978-1-80382-883-120231010
dc.identifier.urihttps://hdl.handle.net/11480/11638
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherEmerald Group Publishing Ltd.
dc.relation.ispartofRenewable Energy Investments for Sustainable Business Projects
dc.relation.publicationcategoryKitap Bölümü - Uluslararası
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_20241106
dc.subjectBitcoin mining
dc.subjectCarbon emission
dc.subjectCausality analysis
dc.subjectClean energy
dc.subjectEnergy economics
dc.subjectEnvironmental issues
dc.subjectFinancial innovation
dc.subjectGreen energy
dc.subjectNonlinear relationship
dc.subjectRenewable energy
dc.titleThe nonlinear relationship between bitcoin mining and carbon emissions in the context of renewable energy
dc.typeBook Chapter

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