Evaluation of Carbon Footprints Associated with Cryptocurrency Mining using q-Rung Orthopair Fuzzy Hypersoft Sets

The environmental impact of Bitcoin mining in Kazakhstan, which is currently the third-largest market in the world by hash rate, is coming under further scrutiny. Data on the production of renewable energy and related carbon footprints are essential for evaluating the situation. To create a thorough picture of how Bitcoin mining and environmental responsibility connect in Kazakhstan, this paper allows for the analysis and prediction of the interactions between carbon emissions, renewable energy use, and Bitcoin mining. Using a q-rung orthopair fuzzy hypersoft set (q-ROFHS)-based multi-criteria decision-making technique can improve research on the environmental effects of Bitcoin mining, the integration of renewable energy sources, and the corresponding carbon footprints. The analytic hierarchy process is used to identify the best pollution reduction strategies while taking feasibility and cost-effectiveness into account. The proposed approach will assist the business in achieving its environmental objectives, lessen its negative effects on the environment, and promote a greener future. This study guarantees a more precise and dependable evaluation of pollution control tactics, considering not only the effects on the environment but also practicality and affordability. The outcomes highlight the developed approach's effectiveness and stability in managing complicated information within the parameters of q-ROFHS.

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Publication Details

Journal
Spectrum of Engineering and Management Sciences
Published
2024-09-04
DOI
https://doi.org/10.31181/sems21202410h
Citations
5
Primary Topic
Data Management and Algorithms
Type
article
Field-Weighted Citation Impact
1.75

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article

Evaluation of Carbon Footprints Associated with Cryptocurrency Mining using q-Rung Orthopair Fuzzy Hypersoft Sets

Vladimir Šimić, Muhammad Saqlain, Dragan Pamucar
5 citations
Spectrum of Engineering and Management Sciences
Data Management and Algorithms
1.75
article

Evaluation of Carbon Footprints Associated with Cryptocurrency Mining using q-Rung Orthopair Fuzzy Hypersoft Sets

Vladimir Šimić, Muhammad Saqlain, Dragan Pamucar
article en
5 citations

Abstract

The environmental impact of Bitcoin mining in Kazakhstan, which is currently the third-largest market in the world by hash rate, is coming under further scrutiny. Data on the production of renewable energy and related carbon footprints are essential for evaluating the situation. To create a thorough picture of how Bitcoin mining and environmental responsibility connect in Kazakhstan, this paper allows for the analysis and prediction of the interactions between carbon emissions, renewable energy use, and Bitcoin mining. Using a q-rung orthopair fuzzy hypersoft set (q-ROFHS)-based multi-criteria decision-making technique can improve research on the environmental effects of Bitcoin mining, the integration of renewable energy sources, and the corresponding carbon footprints. The analytic hierarchy process is used to identify the best pollution reduction strategies while taking feasibility and cost-effectiveness into account. The proposed approach will assist the business in achieving its environmental objectives, lessen its negative effects on the environment, and promote a greener future. This study guarantees a more precise and dependable evaluation of pollution control tactics, considering not only the effects on the environment but also practicality and affordability. The outcomes highlight the developed approach's effectiveness and stability in managing complicated information within the parameters of q-ROFHS.

Spectrum of Engineering and Management SciencesVol. 2(1)
University of Belgrade (RS), Lahore Garrison University (PK)
King Mongkut's University of Technology Thonburi
Openalex Percentile: Top 14%
Data Management and Algorithms
1.75
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Evaluation of Carbon Footprints Associated with Cryptocurrency Mining using q-Rung Orthopair Fuzzy Hypersoft Sets — Vladimir Šimić, Muhammad Saqlain, et al. · Spectrum of Engineering and Management Sciences (2024) | TGRS Research Map | TGRS