Table 3 Results of the panel LM unit root test with one break
From: The transaction behavior of cryptocurrency and electricity consumption
Samples | Price | Hashrate | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Full sample | Before 2017/12/17 | After 2017/12/17 | Full sample | Before 2017/12/17 | After 2017/12/17 | |||||||
Break date | DB | Break date | DB | Break date | DB | Break date | DB | Break date | DB | Break date | DB | |
Bitcoin | 2017/4/9 | − 0.066** | 2017/3/28 | − 0.052* | 2019/5/14 | − 0.039** | 2017/8/22 | − 0.033 | 2016/1/18 | − 0.088 | 2018/10/22 | − 0.259*** |
Blackcoin | 2017/9/14 | − 0.084** | 2017/3/30 | 0.091** | 2018/11/24 | 0.021 | 2017/6/9 | − 0.073 | 2017/1/26 | 0.066 | 2019/2/2 | 0.012 |
Dash | 2017/4/3 | 0.179*** | 2017/2/14 | 0.072* | 2019/3/31 | − 0.038* | 2017/9/29 | 0.043 | 2017/9/19 | 0.106 | 2018/7/4 | − 0.070 |
Dogecoin | 2017/11/23 | − 0.143*** | 2017/9/12 | − 0.001 | 2018/8/30 | 0.218*** | 2016/11/5 | − 0.346*** | 2016/8/31 | 0.092 | 2018/10/21 | − 0.085* |
Ethereum | 2016/2/11 | 0.152*** | 2016/1/25 | 0.021 | 2018/9/1 | 0.003 | 2016/6/5 | − 0.005 | 2016/3/4 | − 0.105** | 2018/10/21 | − 0.018 |
Feathercoin | 2017/11/19 | 0.339*** | 2016/7/20 | − 0.363*** | 2019/3/7 | − 0.033 | 2018/11/30 | − 0.037 | 2016/4/21 | 0.037 | 2018/8/30 | − 0.597*** |
Litecoin | 2017/1/30 | 0.026 | 2016/1/20 | 0.023 | 2019/2/4 | − 0.022 | 2016/10/9 | 0.080 | 2017/2/26 | 0.115* | 2018/10/26 | 0.064 |
Monero | 2016/10/1 | 0.062 | 2016/9/17 | 0.037 | 2018/12/4 | − 0.018 | 2016/8/31 | − 0.033 | 2016/8/31 | − 0.026 | 2018/4/10 | − 0.092 |
Namecoin | 2018/2/24 | 0.024 | 2017/3/12 | 0.449*** | 2019/5/8 | − 0.124*** | 2017/4/18 | − 0.026 | 2016/7/29 | − 0.137* | 2018/10/15 | − 0.056*** |
Novacoin | 2017/12/15 | − 0.122*** | 2017/3/1 | 0.196*** | 2019/5/4 | − 0.003 | 2016/6/3 | − 0.143 | 2016/7/5 | 0.168 | 2018/4/16 | 0.337 |
Peercoin | 2018/8/1 | 0.077** | 2017/9/5 | 0.109*** | 2018/11/11 | 0.077*** | 2017/9/9 | − 0.315** | 2017/7/13 | 0.134 | 2019/5/1 | 0.070 |
Reddcoin | 2017/12/20 | 0.708*** | 2017/5/19 | − 0.253*** | 2018/5/3 | − 0.033 | 2018/5/29 | 0.465*** | 2017/1/25 | 0.085 | 2018/2/27 | − 0.018 |
Vertcoin | 2017/9/20 | 0.354*** | 2017/4/7 | − 0.024 | 2019/2/6 | − 0.155*** | 2017/6/3 | 0.150 | 2017/4/8 | − 0.125 | 2018/10/26 | 0.145 |
Panel LM | − 11.292*** |  | − 9.715*** |  | − 13.448*** |  | − 9.333*** |  | − 7.890*** |  | − 9.738*** |  |