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Luckbox Magazine: Bitcoin mining is spewing carbon

Cambridge Bitcoin Electricity Consumption Index developed at Cambridge Centre for Alternative Finance, based at Cambridge Judge Business School, is quoted in the article. According to the index, bitcoin mining uses more electricity than most nation-states. Read the full article [luckboxmagazine.com]…

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The New York Times: Bitcoin uses more electricity than many countries. How is that possible?

Research on Bitcoin mining by the Cambridge Centre for Alternative Finance, based at Cambridge Judge Business School, is cited in the New York Times article on electricity use. (subs) Read the full article [nytimes.com]…

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The Wall Street Journal: Cryptocurrency companies are leaving China in ‘Great Mining Migration’

The bitcoin electricity index developed at the Cambridge Centre for Alternative Finance, based at Cambridge Judge Business School, is cited in an article about cryptocurrency firms leaving China due to country’s crack down on cryptocurrency mining earlier this summer. (subs)…

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BBC News: Cambridge data shows Bitcoin mining on the move

New data from the Cambridge Centre for Alternative Finance shows geographic shifts in Bitcoin mining – with China’s share declining sharply even before a government crackdown in June 2021. “The Cambridge researchers observed that the crackdown, once enacted, effectively led…

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Financial Times: China’s share of bitcoin electricity usage drops as Kazakhstan surges

A further press coverage for the new update of the Cambridge Bitcoin Electricity Consumption Index (CBECI) by the Cambridge Centre for Alternative Finance (CCAF). The CCAF data shows “China’s global hashrate, the computational power required to mine new bitcoins, fell…

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New data reveals timeline of China’s bitcoin mining exodus

Research team from the Cambridge Centre for Alternative Finance (CCAF), unveils new datasets showing geographic shifts in Bitcoin mining – with China's share declining sharply even before a government crackdown in June 2021. by Michel Rauchs, Digital Assets Lead at…

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New virtual money concept, Gold Bitcoins.

The Economist: Deep in rural China, bitcoin miners are packing up

A new update of Cambridge Bitcoin Electricity Consumption Index (CBECI) by the Cambridge Centre for Alternative Finance at Cambridge Judge reveals that China’s share of total Bitcoin mining power has declined from 75.5% in September 2019 to 46% in April…

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Financial Times: Bitcoin’s growing energy problem: ‘It’s a dirty currency’

Some more press coverage for the Bitcoin Electricity Consumption Index developed by Cambridge Centre for Alternative Finance, based at Cambridge Judge Business School, in the Financial Times. “The latest calculation from Cambridge university’s Bitcoin Electricity Consumption index suggests that bitcoin…

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BBC News: Tesla will no longer accept Bitcoin over climate concerns, says Musk

Further coverage of a research from the Centre for Alternative Finance: an online tool created by Michel Rauchs that estimates the electricity consumption of Bitcoin. The index shows “that the process of mining the cryptocurrency - which involves using vast…

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The Guardian: Value of cryptocurrency bitcoin climbs 5% to record high of $63,000

A further coverage for the Cambridge Bitcoin Electricity Consumption Index developed at the Cambridge Centre for Alternative Finance, Cambridge Judge Business School. According to the Index, “the energy usage attributable to bitcoin alone is equivalent to the annual carbon footprint…

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