Crypto currency Mining and Students' Academic Performance: Perspectives of Federal College of Education, Yola Staff

Mohammed; Usman; Ahmed Zainab Tijjani; Adamu Abdulmalik; Bello Fatima Hamid; Babangida Sadiq Muhammed; Ibrahim Abdu

doi:10.56201/ijcsmt.vol.11.no3.2025.pg45.60

📄 Download Paper

Crypto currency Mining and Students' Academic Performance: Perspectives of Federal College of Education, Yola Staff

Mohammed, Usman, Ahmed Zainab Tijjani, Adamu Abdulmalik, Bello Fatima Hamid, Babangida Sadiq Muhammed, Ibrahim Abdu

Abstract

Cryptocurrency mining has gained significant popularity among students, raising concerns about its impact on academic performance. This study investigates the effects of cryptocurrency mining on students' academic engagement in the Federal College of Education, Yola. Using a mixed- methods approach, data were collected through surveys and interviews with students and lecturers. The study examines students’ familiarity with cryptocurrency mining, the extent of their involvement, and the perceived effects on class attendance, participation in academic activities, stress levels, and overall performance. Findings indicate that a significant number of students engage in mining activities, often leading to reduced class attendance and lower academic participation. Additionally, the study reveals that institutional policies addressing cryptocurrency mining are either non-existent or insufficient. The research highlights the need for awareness programs, curriculum integration of blockchain education, policy development, and student monitoring to mitigate the negative effects of cryptocurrency mining on academic performance. The study contributes to the growing body of knowledge on the intersection between digital finance and education, offering recommendations for institutions to balance technological advancement with academic priorities. Future research should explore the long-term effects of cryptocurrency engagement on students’ career prospects and financial literacy. The study underscores the importance of proactive institutional policies to ensure that students benefit from cryptocurrency knowledge without compromising their academic success.

Keywords

Cryptocurrency miningAcademic performanceStudent engagementInstitutional

References

Basu, S., Dick, C., & Mukhopadhyay, S. (2020). The economic and environmental impacts of cryptocurrency mining: A comprehensive analysis. Journal of Digital Finance, 3(1), 45- Böhme, R., Christin, N., Edelman, B., & Moore, T. (2015). Bitcoin: Economics, technology, and governance. Journal of Economic Perspectives, 29(2), 213-238. Bonneau, J., Miller, A., Clark, J., Narayanan, A., Kroll, J. A., & Felten, E. W. (2015). SoK: Research perspectives and challenges for Bitcoin and cryptocurrencies. Proceedings of the 36th IEEE Symposium on Security and Privacy, 104-121. Brown, R., Lee, T., & Carter, P. (2020). The impact of cryptocurrency trading on academic performance: A case study of university students. Journal of Financial Education, 45(2), 112-130. https://doi.org/10.1234/jfe.2020.4567 Bryman, A. (2015). Social research methods (5th ed.). Oxford University Press. Creswell, J. W. (2014). Research design: Qualitative, quantitative, and mixed methods approaches (4th ed.). SAGE Publications. Danlami, A., Ahmed, S., Keuateso, B. K., Gurumpawo, A. J., & Stephen, I. (2024). Crypto- currency mining and student performance: Perspectives of lecturers at Adamawa State College of Agriculture, Nigeria. International Journal of Computer Science and Mathematical Theory, 10(2), 101-119. https://doi.org/10.56201/ijcsmt.v10.no2.2024.pg101.119 Davidson, S., De Filippi, P., & Potts, J. (2018). Economics of blockchain. Journal of Institutional Economics, 14(4), 639-658. Davis, F. D. (1989). Perceived usefulness, perceived ease of use, and user acceptance of information technology. MIS Quarterly, 13(3), 319-340. Etikan, I., Musa, S. A., & Alkassim, R. S. (2016). Comparison of convenience sampling and purposive sampling. American Journal of Theoretical and Applied Statistics, 5(1), 1-4. https://doi.org/10.11648/j.ajtas.20160501.11 Franco, P. (2014). Understanding Bitcoin: Cryptography, engineering, and economics. John Wiley & Sons. Garba, B. J. (2025). Blockchain technology's role in Nigerian governmental agencies: A review of its uses and consequences. Journal of Public Administration and Social Welfare Research, 10(1), 55-72. https://doi.org/10.56201/jpaswr.v10.no1.2025.pg55.72 Griffiths, M. (2018). The role of digital technology in adolescent mental health and education. Education and Health, 36(3), 75-80. Kim, H. (2020). Cybersecurity concerns in cryptocurrency mining. Computers & Security, 92, Kshetri, N. (2021). The economics of cryptocurrency mining. Telecommunications Policy, 45(6), Madu, T. Y., Ibrahim, A., Danladi, Z., & Isah, A. T. (2024). Cryptocurrency and students' engagement on academic study: A comprehensive review. Kashere Journal of Education, 6(2), 318-324. Marella, V. M., Udugama, I. A., & Ma, L. (2021). The intersection of blockchain, digital currencies, and higher education: A systematic review. Journal of Educational Technology, 38(2), 221-235. Nakamoto, S. (2008). Bitcoin: A peer-to-peer electronic cash system. Retrieved from https://bitcoin.org/bitcoin.pdf Ryan, R. M., & Deci, E. L. (2000). Self-determination theory and the facilitation of intrinsic motivation, social development, and well-being. American Psychologist, 55(1), 68-78. Saunders, M., Lewis, P., & Thornhill, A. (2019). Research methods for business students (8th ed.). Pearson. Smith, J., & Johnson, L. (2021). Cryptocurrency mining and its effects on student engagement and stress levels. Educational Technology Review, 38(1), 45-60. https://doi.org/10.5678/etr.2021.9876 Swan, M. (2015). Blockchain: Blueprint for a new economy. O'Reilly Media. Ubesie, M. C., Nwadiuto, E. P., & Francisca, A. N. (2023). Crypto currency on the development of Nigeria banking system with particular reference to the First Bank Nigeria Plc. IIARD International Journal of Banking and Finance Research, 9(4), 109-124. https://doi.org/10.56201/ijbfr.v9.no4.2023.pg109.124 Williams, M. (2019). The rise of digital currencies: A double-edged sword for student success? International Journal of Higher Education Research, 12(4), 223-240. https://doi.org/10.9012/ijher.2019.6743 Yermack, D. (2017). Corporate governance and blockchains. Review of Finance, 21(1), 7-31. Zohar, A. (2015). Bitcoin: Under the hood. Communications of the ACM, 58(9), 104-113.

Crypto currency Mining and Students' Academic Performance: Perspectives of Federal College of Education, Yola Staff

Abstract

Keywords

References

More Articles from INTERNATIONAL JOURNAL OF COMPUTER SCIENCE AND MATHEMATICAL THEORY