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Michel Rauchs

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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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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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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BBC News: Bitcoin consumes ‘more electricity than Argentina’

Michel Rauchs, Research Assistant at the Cambridge Centre for Alternative, comments on Bitcoin energy consumption. “It is really by design that Bitcoin consumes that much electricity,” he says. “This is not something that will change in the future unless the…

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Yahoo Finance: Blockchain technology is evolving exponentially

A report co-authored at the Cambridge Centre for Alternative Finance (CCAF), explains “how blockchain technology has become more and more institutional to the benefit of end-users.” The report written by Keith Bear and Michel Rauchs form the CCAF and published…

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Barron’s: Most Bitcoin is made in China. Competitors are chipping away

Michel Rauchs, Research Assistant at the Cambridge Centre for Alternative, comments on Bitcoin mining in China. He says that cheap electricity is not the only metric any more as investors “are also weighing regulatory risk and management quality.” Michel adds:…

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BBC: Bitcoin’s energy consumption ‘equals that of Switzerland’

Bitcoin uses as much energy as the whole of Switzerland, a new online tool created at the University of Cambridge shows. Co-creator Michel Rauchs, Cryptocurrency and Blockchain Lead at the Cambridge Centre for Alternative Finance, said: "We want to use…

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‘Deep thought’ on Libra

Size and scale of Facebook's Libra cryptocurrency poses "questions for society and government", a top Financial Conduct Authority tells the annual conference of the Cambridge Centre for Alternative Finance. Christopher Woolard, Executive Director of the FCA delivering his keynote address.…

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Traders Magazine: Standardised terminology needed for cryptoassets

Lack of standard terminology for cryptoassets hampers global regulatory response, says a new report by the Cambridge Centre for Alternative Finance (CCAF). The Global Cryptoasset Regulatory Landscape Study is based on an in-depth analysis of 23 jurisdictions, providing a comprehensive…

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