bitcoin with colorfull blurred background and reflection

The search for a more efficient Bitcoin

The search for a more efficient Bitcoin

Synopsis
2 Minute Read

As the world looks to conserve, cryptocurrency mining continues to consume energy at an astronomical rate. Might we already have the answer for a more efficient blockchain? Download our report to view our findings.

Blockchain and digital currencies have captivated journalists, evangelists, and critics for the better part of a decade. Their transformative potential notwithstanding, many are concerned about the immense power demands to run blockchain networks and whether they can truly be part of a green and sustainable future.

This gave rise to an important question: Might there already be a more efficient blockchain implementation? MNP decided to investigate.

Our team leveraged work from several existing frameworks as well as industry experts to determine the electricity consumption of Bitcoin Core (“BTC”), Bitcoin Cash (“BCH”), and BitcoinSV (“BSV”). We also validated our energy consumption model with real-world data from cryptocurrency miners.

After running the numbers it’s clear: There is a more energy efficient Bitcoin implementation. We’ve compiled our findings in our whitepaper, The search for a more efficient Bitcoin.

Download Whitepaper

Insights

  • Progress

    July 15, 2025

    Looking beyond tax — planning for the use and ownership of the family vacation property

    Owning and managing a family vacation property between generations requires you to consider more than just the tax questions.

  • Confidence

    July 10, 2025

    How oil and gas companies can strengthen their insurance strategies for wildfires and other natural disasters

    Appropriate insurance coverage for oil and gas is more important than ever as wildfires and other natural disasters across the country become more frequent and intense.

  • Agility

    July 09, 2025

    The AI gap: Why desire and readiness remain far apart for local governments

    Embracing AI capabilities through Microsoft Copilot offers local governments the ability to leverage existing tools and boost operational efficiency.