Bitcoin blackout: proof-of-work and the risks of mining centralization

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DOI:	https://doi.org/10.1016/j.jfs.2026.101569
URL:	https://www.sciencedirect.com/science/article/pii/...
URN:	urn:nbn:de:bsz:180-madoc-727762
Document Type:	Article
Year of publication:	2026
The title of a journal, publication series:	Journal of Financial Stability
Volume:	85
Issue number:	Article 101569
Page range:	1-17
Place of publication:	Amsterdam [u.a.]
Publishing house:	Elsevier
ISSN:	1572-3089
Publication language:	English
Institution:	Business School > ABWL u. Finanzierung (Theissen 2009-)
Pre-existing license:	Creative Commons Attribution 4.0 International (CC BY 4.0)
Subject:	330 Economics
Classification:	JEL: G10 , G12 , G14 , G15 , Q40,
Keywords (English):	bitcoin , blockchain , proof-of-work , proof-of-stake , mining , centralization