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Bitcoin Mining with Nuclear Energy

Serhat Yüksel (İstanbul Medipol University, Turkey)
Hasan Dinçer (İstanbul Medipol University, Turkey)
Çağatay Çağlayan (İstanbul Medipol University, Turkey)
Gülsüm Sena Uluer (İstanbul Medipol University, Turkey)
Anton Lisin (Financial University under the Government of the Russian Federation, Russia)

Multidimensional Strategic Outlook on Global Competitive Energy Economics and Finance

ISBN: 978-1-80117-899-0, eISBN: 978-1-80117-898-3

Publication date: 18 February 2022


It is predicted that the bitcoin system will enter many areas of our lives in the future. Although it has many benefits, the most criticized issue of this system is excessive energy consumption. Since an excessive amount of energy is used in this process, it is vital that the preferred energy is environmentally friendly. For example, mining bitcoin with fossil fuels is likely to release a significant amount of carbon gas into the atmosphere. This will cause serious environmental problems. Therefore, great attention should be paid to the type of energy that will be used in bitcoin mining. In this study, it was stated that it would be beneficial to prefer nuclear energy in bitcoin mining. As a result of the use of nuclear energy, no carbon gas is released into the atmosphere. This will help reduce environmental pollution to a significant extent. Another dimension of nuclear energy being preferred in bitcoin mining is that the energy produced is continuous. The main reason for this is that nuclear energy is not affected by climatic conditions and temperature differences. Thanks to the preference of nuclear energy in bitcoin mining, it will be possible to contribute to the uninterrupted progress of this process.



Yüksel, S., Dinçer, H., Çağlayan, Ç., Uluer, G.S. and Lisin, A. (2022), "Bitcoin Mining with Nuclear Energy", Dinçer, H. and Yüksel, S. (Ed.) Multidimensional Strategic Outlook on Global Competitive Energy Economics and Finance, Emerald Publishing Limited, Bingley, pp. 165-177.



Emerald Publishing Limited

Copyright © 2022 Serhat Yüksel, Hasan Dinçer, Çagatay Çağlayan, Gülsüm Sena Uluer and Anton Lisin. Published under exclusive licence by Emerald Publishing Limited