Energy efficiency of the bitcoin mining hardware and related blockchain technology
Nowadays, traders used bitcoin as a platform in making transaction such as exchanging money, without any involvement of a third party or central bank. Bitcoin becomes a phenomenon in this modernization era but the research devoted to the energy efficiency of bitcoins and related blockchain technolog...
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ump-269742019-12-17T04:13:54Z http://umpir.ump.edu.my/id/eprint/26974/ Energy efficiency of the bitcoin mining hardware and related blockchain technology Noor Faiqah Izzati, Afandi QA75 Electronic computers. Computer science QA76 Computer software Nowadays, traders used bitcoin as a platform in making transaction such as exchanging money, without any involvement of a third party or central bank. Bitcoin becomes a phenomenon in this modernization era but the research devoted to the energy efficiency of bitcoins and related blockchain technology is still weakly considered in scientific literature. Especially the energy efficiency for the hardware of bitcoin mining were not considered as a problem in bitcoin mining. The existing approaches in modelling the of bitcoin technology and the hardware of bitcoins were analyzed through this research. The research proposes new formula and algorithm which allows the evaluation of energy efficiency for the hardware of bitcoins mining. MATLAB is used in developing and validation the algorithm. Dataset was selected from open sources and applied in the proposed formula to evaluate and predict energy efficiency of bitcoin mining hardware. Developers of bitcoin hardware systems and bitcoin miners are the possible users of proposed formula and algorithm. 2018-12 Undergraduates Project Papers NonPeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/26974/1/Energy%20efficiency%20of%20the%20bitcoin%20mining%20hardware%20and%20related%20blockchain.pdf Noor Faiqah Izzati, Afandi (2018) Energy efficiency of the bitcoin mining hardware and related blockchain technology. Faculty of Computer System & Software Engineering, Universiti Malaysia Pahang. http://fypro.ump.edu.my/ethesis/index.php |
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Universiti Malaysia Pahang |
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UMP Institutional Repository |
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language |
English |
topic |
QA75 Electronic computers. Computer science QA76 Computer software |
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QA75 Electronic computers. Computer science QA76 Computer software Noor Faiqah Izzati, Afandi Energy efficiency of the bitcoin mining hardware and related blockchain technology |
description |
Nowadays, traders used bitcoin as a platform in making transaction such as exchanging money, without any involvement of a third party or central bank. Bitcoin becomes a phenomenon in this modernization era but the research devoted to the energy efficiency of bitcoins and related blockchain technology is still weakly considered in scientific literature. Especially the energy efficiency for the hardware of bitcoin mining were not considered as a problem in bitcoin mining. The existing approaches in modelling the of bitcoin technology and the hardware of bitcoins were analyzed through this research. The research proposes new formula and algorithm which allows the evaluation of energy efficiency for the hardware of bitcoins mining. MATLAB is used in developing and validation the algorithm. Dataset was selected from open sources and applied in the proposed formula to evaluate and predict energy efficiency of bitcoin mining hardware. Developers of bitcoin hardware systems and bitcoin miners are the possible users of proposed formula and algorithm. |
format |
Undergraduates Project Papers |
author |
Noor Faiqah Izzati, Afandi |
author_facet |
Noor Faiqah Izzati, Afandi |
author_sort |
Noor Faiqah Izzati, Afandi |
title |
Energy efficiency of the bitcoin mining hardware and related blockchain technology |
title_short |
Energy efficiency of the bitcoin mining hardware and related blockchain technology |
title_full |
Energy efficiency of the bitcoin mining hardware and related blockchain technology |
title_fullStr |
Energy efficiency of the bitcoin mining hardware and related blockchain technology |
title_full_unstemmed |
Energy efficiency of the bitcoin mining hardware and related blockchain technology |
title_sort |
energy efficiency of the bitcoin mining hardware and related blockchain technology |
publishDate |
2018 |
url |
http://umpir.ump.edu.my/id/eprint/26974/ http://umpir.ump.edu.my/id/eprint/26974/ http://umpir.ump.edu.my/id/eprint/26974/1/Energy%20efficiency%20of%20the%20bitcoin%20mining%20hardware%20and%20related%20blockchain.pdf |
first_indexed |
2023-09-18T22:42:20Z |
last_indexed |
2023-09-18T22:42:20Z |
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1777416998082314240 |