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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Main Author: Noor Faiqah Izzati, Afandi
Format: Undergraduates Project Papers
Language:English
Published: 2018
Subjects:
Online Access: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
id ump-26974
recordtype eprints
spelling 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
repository_type Digital Repository
institution_category Local University
institution Universiti Malaysia Pahang
building UMP Institutional Repository
collection Online Access
language English
topic QA75 Electronic computers. Computer science
QA76 Computer software
spellingShingle 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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