Bitcoin mining and its energy footprint

IET Conference Publications

Volumn 2014, Issue CP639, 2014, Pages 280-285

  O'Dwyert, Karl J ^a   Malone, David ^a  

^a NATIONAL UNIVERSITY OF IRELAND   (Ireland)

Author keywords

Bitcoin

Indexed keywords

ENERGY UTILIZATION; PROFITABILITY;

ELECTRICITY-CONSUMPTION; ENERGY COST; FUNDAMENTAL CONCEPTS; IRELAND; PUBLIC INTEREST;

BITCOIN;

EID: 84946074490     PISSN: None     EISSN: None     Source Type: Conference Proceeding    
DOI: 10.1049/cp.2014.0699     Document Type: Conference Paper

References (19)

1. Satoshi Nakamoto. Bitcoin: A Peer-to-Peer Electronic Cash System. http://fastbull.dl.sourceforge.net/project/bitcoin/Design\%20Paper/bitcoin.pdf/bitcoin.pdf.
2. Elli Androulaki, Ghassan O. Karame, Marc Roeschlin, Tobias Scherer, and Srdjan Capkun. Evaluating user privacy in bitcoin. In Ahmad-Reza Sadeghi, editor, Financial Cryptography and Data Security, Volume 7859 of Lecture Notes in Computer Science, pages 34-51. Springer Berlin Heidelberg, 2013.
3. Sarah Meiklejohn, Marjori Pomarole, Grant Jordan, Kirill Levchenko, Damon McCoy, Geoffrey M. Voelker, and Stefan Savage. A fistful of bitcoins: Characterizing payments among men with no names. In Proceedings of the 2013 Conference on Internet Measurement Conference, IMC'13, pages 127-140, New York, NY, USA, 2013. ACM.
4. Ghassan O. Karame, Elli Androulaki, and Srdjan Capkun. Double-spending fast payments in bitcoin. In Proceedings of the 2012 ACM Conference on Computer and Communications Security, CCS'12, pages 906-917, New York, NY, USA, 2012. ACM.
5. Adam Back et al. Hashcash-a denial of service counter-measure. ftp://sunsite.icm.edu.pl/site/replay.old/programs/hashcash/hashcash.pdf, 2002.
6. Stephen Gornick and Adrian. Bitcoin difficulty adjustments. https://docs.google.com/spreadsheet/ccc?key=0AiFMBvXvL2dtdEZkR2J4eU5rS3B4ei1iUmJxSWNlQ0E#gid=0, 2014. [Online; accessed 27-March-2014].
7. Michael Bedford Taylor. Bitcoin and the age of bespoke silicon. In Proceedings of the 2013 International Conference on Compilers, Architectures and Synthesis for Embedded Systems, page 16. IEEE Press, 2013.
8. Amazon. Intel Core i7-950 3.06 GHz 8 MB cache socket LGA1366 processor. http://www.amazon.com/Intel-i7-950-Socket-LGA1366-Processor/dp/B002A6G3V2, 2014. [Online; accessed 19-March-2014].
9. bitcoin.it. Mining hardware comparison. https://en.bitcoin.it/wiki/Mining-hardware-comparison, 2014. [Online; accessed 19-March-2014].
10. Amazon. Intel Atom N450 processor. http://www.amazon.com/CPU-Central-Processing-1-66GHz-FCBGA559/dp/B00HKIFV5O/, 2014. [Online; accessed 19-March-2014].
11. Amazon. Sony playstation 3. http://www.amazon.com/Playstation-3-250GB-System-Slim-Redesign/dp/B00AEX81SG/, 2014. [Online; accessed 19-March-2014].
12. Amazon. Sapphire Radeon HD4850. http://www.amazon.com/Sapphire-Radeon-HD4850-PCI-Express-100245HDMI/dp/B001XW4BKO, 2014. [Online; accessed 19-March-2014].
13. Amazon. ATI Radeon HD 5770. http://www.amazon.com/ATI-Radeon-DisplayPort-Dual-DVI-7120184001G/dp/B005EDG750, 2014. [Online; accessed 19-March-2014].
14. Amazon. Nexys2 500K Xilinx Spartan-3E FPGA development kit. http://www.amazon.com/Nexys2-500K-Xilinx-Spartan-3E-Development/dp/B001D9EN6E/, 2014. [Online; accessed 19-March-2014].
15. Butterflylabs. The monarch BPU 600 C. https://products.butterflylabs.com/600-gh-bitcoin-mining-card.html, 2014. [Online; accessed 19-March-2014].
16. Amazon.com. ASICMiner block erupter USB 330MH/s sapphire miner. http://www.amazon.com/ASICMiner-Block-Erupter-USB-Sapphire/dp/B00CUJT7TO, 2014. [Online; accessed 19-March-2014].
17. Eurostat. Electricity and natural gas price statistics. http://epp.eurostat.ec.europa.eu/statistics-explained/index.php/Electricity-and-natural-gas-price-statistics, 2014. [Online; accessed 27-March-2014].
18. Eurostat. Electricity production, consumption and market overview. http://epp.eurostat.ec.europa.eu/statistics-explained/index.php/Electricity-production-consumption-and-market-overview, 2014. [Online; accessed 27-March-2014].
19. Eirgrid. System demand. http://www.eirgrid.com/operations/systemperformancedata/systemdemand/, 2014. [Online; accessed 19-March-2014].