ArticleHeliyon2024
Renewable energy and cryptocurrency: A dual approach to economic viability and environmental sustainability.
Article in Heliyon, 2024. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.
What it found
Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.
The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
The trial behind it
Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.
Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.
Who cites it
0 citing papers in PubMed.
No citing paper in PubMed yet.
Corrections and comments
PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.
Authors and funding
4 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
One of the foremost challenges facing Bitcoin, as the most valuable cryptocurrency operating on a proof-of-work mechanism, is its substantial energy consumption and environmental impact. With the expansion of the Bitcoin market, mining has surged in popularity, particularly in countries where energy and monetary costs are comparatively low. This study aims to assess the impact of utilizing renewable energy from a photovoltaic system for Bitcoin mining, simulating a solar power plant with a 50.91-MW capacity alongside a corresponding Bitcoin mining operation in the United Arab Emirates. Economic evaluations were conducted using comprehensive, historically archived data to ensure results that closely mirror real-world scenarios. Additionally, for a more nuanced comparison, an economic assessment of selling the power plant's electricity to the grid was also performed, with the findings juxtaposed. The outcomes indicate that initiating such a system at the start of 2020 with an investment of approximately $42 million could recoup its costs in about 3.5 years. In contrast, selling electricity to the grid would extend the power plant's return on investment period to 8.1 years. Furthermore, the environmental evaluation revealed that adopting renewable solar energy for mining could avert the emission of around 50,000 tons of CO
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