时间：2025年3月26日（周三）上午10:00-12:00

地点：浙江大学紫金港校区创意楼A座729会议室

主讲人：张帆助理教授

题目：A story of fire and water: Cryptocurrency mining, power choice, and environmental cost

摘要：We investigate the environmental impacts of cryptocurrency in China. We find a robust pattern of seasonal migration of Bitcoin mining activities that aligns with the country's monsoon seasons. Bitcoin mining requires a significant amount of electricity. Miners typically operate in cities with substantial hydroelectric power resources to take advantage of lower electricity price. However, during the dry season, when water scarcity increases electricity prices in these areas, miners relocate to cities with more coal-powered electricity supplies. This shift to coal-powered electricity for Bitcoin mining results in a notable increase in SO2 emissions, contributing to a 15% rise in annual SO2 emissions in China. Our study highlights the significant and adverse environmental consequences of cryptocurrency mining activities.

主讲人简介：

Zhang Fan is an Assistant Professor at the School of Economics, Jinan University. Prior to this, he worked in School of Insurance, University of International Business and Economics (UIBE), and obtained his Ph.D. from the National University of Singapore. His research interests include environmental economics, development economics, and household finance. His research findings have been published in peer-reviewed journals such as the Economic Journal, Journal of Health Economics, Journal of Environmental Economics and Management and Real Estate Economics, etc.

主持人：金鑫，浙江大学中国农村发展研究院“百人计划”研究员