Business & Information Systems Engineering

Document Type



When talking about blockchain technology in academia, business, and society, frequently generalizations are still heared about its – supposedly inherent – enormous energy consumption. This perception inevitably raises concerns about the further adoption of blockchain tech- nology, a fact that inhibits rapid uptake of what is widely considered to be a groundbreaking and disruptive innova- tion. However, blockchain technology is far from homo- geneous, meaning that blanket statements about its energy consumption should be reviewed with care. The article is meant to bring clarity to the topic in a holistic fashion, looking beyond claims regarding the energy consumption of Bitcoin, which have, so far, dominated the discussion.