Two essays on the market for Bitcoin mining and one essay on the fixed effects logit model with panel data.

Summary My thesis is composed of two independent parts. The first part deals with crypto-economics and the second with theoretical econometrics. In the first chapter, I present a model that predicts the total computing power deployed by miners using the bitcoin/dollar exchange rate. The second chapter uses a simplified version of the previous model to note the inefficiency of the current Bitcoin protocol and proposes a simple way to reduce the electricity consumption generated by this cryptocurrency. The third chapter explains how to identify and estimate the exact bounds of the region of identification of the average marginal effect in a logit model with fixed effects on panel data.