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

  • Performance

    June 27, 2025

    Are you paying more than your fair share in property taxes?

    How can you know if you’re paying more than your fair share of property taxes? A property tax assessment review can help ensure accuracy.  

  • Progress

    June 27, 2025

    Diagnosing hidden inefficiencies in your practice: Key insights and actionable strategies

    How can you identify and address hidden inefficiencies in your practice? Discover key insights and takeaways from MNP’s recent webinar. 

  • Performance

    June 19, 2025

    Are you in the market for more equipment? Whether you buy or lease could make a big difference in your farm’s success

    Building an asset purchase plan before buying new equipment can help you make an informed decision to best suit your needs.