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Record W4404193885 · doi:10.2298/fuee2401195b

The impact of blockchain technology on the environment

2024· article· en· W4404193885 on OpenAlexaff
Jelena Bačević, Petar Kočović, Predrag Ivković, Srecko Stankovic

Bibliographic record

VenueFacta universitatis - series Electronics and Energetics · 2024
Typearticle
Languageen
FieldComputer Science
TopicBlockchain Technology Applications and Security
Canadian institutionsHumber Polytechnic
Fundersnot available
KeywordsBlockchainComputer scienceComputer security

Abstract

fetched live from OpenAlex

This paper focuses on the environmental impact of blockchain technology, particularly on electricity consumption for equipment operation and cooling. During its operation, the device energy is converted into heat, which must be efficiently dispersed. Additionally, the paper examines the rate of mining equipment replacement and the subsequent e-waste concerns. The impact of blockchain technology on the environment is a complex and debated topic. Only the following two aspects are discussed in this paper: 1) Energy Consumption: (a) Positive Impact: Blockchain technology, especially in the context of cryptocurrencies like Bitcoin, has been criticized for its high energy consumption due to the consensus mechanism called Proof of Work (PoW). However, some blockchain networks use alternative consensus mechanisms like Proof of Stake (PoS), which is more energy-efficient, and b) Negative Impact: PoW-based blockchains, such as Bitcoin, require significant computational power, leading to high energy consumption. The environmental impact is a concern, especially if the electricity used comes from non-renewable sources. 2) Mining and E-Waste: (a) Positive Impact: Blockchain technology can help in tracking the supply chain and provenance of minerals, which could reduce the use of conflict minerals and promote ethical mining practices. (b)Negative Impact: The mining of cryptocurrencies involves specialized hardware that becomes obsolete quickly, contributing to electronic waste (e-waste). This can have negative environmental consequences if not properly managed and recycled. The central topic of this paper is electric energy consumption and as a consequence CO2 emission footprint. Because of the fast growth of data centers and mining centers, consumption of electric energy has grown exponentially in the past decade. Together with the consumption of electric energy, CO2 emission grows dramatically.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.005
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.007
Threshold uncertainty score0.024

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0020.005
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0010.002
Scholarly communication0.0040.006
Open science0.0010.004
Research integrity0.0020.001
Insufficient payload (model declined to judge)0.0070.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.004
GPT teacher head0.201
Teacher spread0.196 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations2
Published2024
Admission routes1
Has abstractyes

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Same venueFacta universitatis - series Electronics and EnergeticsSame topicBlockchain Technology Applications and SecurityFrench-language works237,207