Bitcoin on ZBD
ZEBEDEE EUROPE B.V. ("ZBD EU") is a regulated entity under the Markets in crypto-assets Regulation (MiCAR) in the European Union and provides crypto-asset services to you in compliance with MiCAR. As a ZBD EU customer, we want to ensure that you have a full understanding of the bitcoin that you will earn and store in your ZBD EU account. The Bitcoin Whitepaper is a great place to start! Within this whitepaper, you will be able to find the following:
- information about the issuer, if different from the offeror or person seeking admission to trading;
- information about the crypto-asset project;
- information about the crypto-asset;
- information on the rights and obligations attached to the crypto-asset;
- information about the offer to the public of the crypto-asset or its admission to trading;
- and information on the underlying technology.
However, the Bitcoin Whitepaper does not cover everything! For information on the risks associated with the crypto-asset, ZBD EU has prepared a description of the risks that you should be aware of. You can view these risk descriptions in the ZBD EU Risk Warning page. Additionally, external, independent and credible parties, such as the European Union, have developed materials on the associated risks which provide helpful additional insight. You can access that material here.
There are also environmental considerations with respect to the use of bitcoin. To learn more, please review this article from the United Nations University. For further reading and insight, the White House Fact Sheet on the Climate and Energy Implications of Crypto-Assets are good materials which you can find at this link.
There is some information pertaining to bitcoin which is not available. The first is information about the offeror or the person seeking admission to trading. This is not available as per Article 4, paragraph 1 (b)-(d) of MiCAR, ZBD EU is not an offeror nor is there a single offeror as there is no party which has influence on the product and therefore no specific responsibility to the asset itself.
Beyond information on the offeror, there is also no information about the operator of the trading platform in cases where it draws up the crypto-asset white paper as ZBD EU did not create the bitcoin white paper.
Mandatory information on principal adverse impacts on the climate and other environment-related adverse impacts of the consensus mechanism in compliance with article 66(5) of MiCAR
| N | Field | Content |
|---|---|---|
| General information | ||
| S.1 | Name | ZEBEDEE EUROPE B.V. |
| S.2 | Relevant legal entity identifier | 724500B2I1LR33CAWG54 |
| S.3 | Name of the cryptoasset | Bitcoin |
| S.4 | Consensus Mechanism | Proof of Work (PoW) |
| S.5 | Incentive Mechanisms and Applicable Fees | A Proof-of-Work (PoW) consensus mechanism incentivizes miners to secure the network by publishing updates to the ledger in the form of blocks, containing newly submitted and verified transactions. Miners compete to solve cryptographic puzzles, and the first to succeed earns newly minted crypto-assets (block reward) and user-paid transaction fees. Misconduct, such as attempting to add invalid blocks or rewrite the history of the ledger, results in wasted computational resources and opportunity costs, creating an economic penalty that discourages dishonest behavior. |
| S.6 | Beginning of the period to which the disclosure relates | 2026-09-17 |
| S.7 | End of the period to which the disclosure relates | 2026-09-30 |
| Mandatory key indicator on energy consumption | ||
| S.8 | Energy consumption (per year) in kWh | 137749896373.12137 |
| Sources and methodologies | ||
| S.9 | Energy consumption sources and methodologies | Data provided by CCRI; all indicators are based on a set of assumptions and thus represent estimates; methodology description and overview of input data, external datasets and underlying assumptions available at: carbon-ratings.com/dl/whitepaper-mica-methods-2024 and docs.mica.api.carbon-ratings.com. We do not account for any offsetting of energy consumption or other market-based mechanism as of today. |
Supplementary information on principal adverse impacts on the climate and other environment-related adverse impacts of the consensus mechanism
| N | Field | Content to be reported |
|---|---|---|
| Supplementary key indicators on energy and GHG emissions | ||
| S.10 | Renewable energy consumption (share of energy from renewable generation resources) in % | 34.912904615 |
| S.11 | Energy intensity (energy used per validated transaction) in kWh | 3.84787 |
| S.12 | Scope 1 DLT GHG emissions – Controlled (per year) in t CO2eq | 0 |
| S.13 | Scope 2 DLT GHG emissions – Purchased (per year) in t CO2eq | 54214144.88711 |
| S.14 | GHG intensity (emissions per validated transaction) in kg CO2eq | 1.5144 |
| Sources and methodologies | ||
| S.15 | Key energy sources and methodologies | Data provided by CCRI; all indicators are based on a set of assumptions and thus represent estimates; methodology description and overview of input data, external datasets and underlying assumptions available at: carbon-ratings.com/dl/whitepaper-mica-methods-2024 and docs.mica.api.carbon-ratings.com. We do not account for any offsetting of energy consumption or other market-based mechanism as of today. |
| S.16 | Key GHG sources and methodologies | Data provided by CCRI; all indicators are based on a set of assumptions and thus represent estimates; methodology description and overview of input data, external datasets and underlying assumptions available at: carbon-ratings.com/dl/whitepaper-mica-methods-2024 and docs.mica.api.carbon-ratings.com. We do not account for any offsetting of energy consumption or other market-based mechanism as of today. |
