McNally, KF and Kolivand, H (2024) Comparative Analysis of Bitcoin Mining Machines and Their Global Environmental Impact. EAI Endorsed Transactions on Scalable Information Systems, 11.
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5954-Comparative_Analysis_of_Bitcoin_Mining_Machines_and_Their_Global_Environmental_Impact__EAI_.pdf - Published Version Available under License Creative Commons Attribution Non-commercial Share Alike. Download (2MB) | Preview |
Abstract
The amount of power required to mine one Bitcoin (BTC) can vary significantly depending on several factors, including the type of mining hardware being used, its efficiency, the cost of electricity, and the overall network difficulty at any given time. Mining BTC involves solving complex mathematical problems to validate transactions on the blockchain network, which requires significant computational power. This research paper focuses on dedicated mining machines, combining essential data and information into a singular comparison evaluation of these machines.
Item Type: | Article |
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Uncontrolled Keywords: | 0801 Artificial Intelligence and Image Processing; 0806 Information Systems |
Subjects: | Q Science > QA Mathematics > QA75 Electronic computers. Computer science |
Divisions: | Computer Science & Mathematics |
Publisher: | European Alliance for Innovation |
SWORD Depositor: | A Symplectic |
Date Deposited: | 17 Sep 2024 12:01 |
Last Modified: | 17 Sep 2024 12:15 |
DOI or ID number: | 10.4108/eetsis.5954 |
URI: | https://researchonline.ljmu.ac.uk/id/eprint/24157 |
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